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Signet Jewelers

Signet Jewelers is the world’s largest retailer of diamond jewellery as of 2025.[1] The company is headquartered in Akron, Ohio, and is registered in Bermuda. It is listed on the New York Stock Exchange. Founded in 1949, it operates in the middle-market jewellery segment. It holds leading positions in the United States, Canada, and the United Kingdom jewellery markets.

History

Signet was founded in England as the Ratner Group. Over time, it grew by opening more stores and buying other jewelry companies. In 1993, it changed its name to Signet Group, and in 2008 it became Signet Jewelers Ltd. when it moved its stock market listing to the United States.

The company owns many well-known jewelry store brands, including Kay Jewelers, Zales, Jared, and JamesAllen.com.[2] It operates thousands of locations.[1]

Signet has expanded through major purchases. In 2014, it bought Zale Corporation, a large jewelry retailer.[3] In 2017, it bought James Allen, an online jewelry company.[4][5][6] It has also closed some physical stores in recent years as more people shop online.[7][8]

During the COVID-19 pandemic, Signet closed some stores permanently and increased its focus on online sales.[9]

Litigation

The company has also faced legal issues. Some lawsuits accused parts of the company of gender discrimination against female employees.[10][11][12] In another case, it paid a fine after customers were signed up for credit cards without permission.[13]


  1. ↑ 1.0 1.1 signet-annual-report-FY2025.pdf. Retrieved 19 April 2026.
  2. ↑ Bachman, Justin. Zale, Kay Jewelers, and Jared Just Got More Interchangeable. Bloomberg (19 February 2014). Retrieved 19 April 2026.
  3. ↑ Karr, Arnold J.. Signet to Buy Zale. Women's Wear Daily (19 February 2014). Retrieved 19 April 2026.
  4. ↑ Suttell, Scott. Signet Jewelers buys online retailer for $328 million (in en). www.crainscleveland.com (2017-08-24). Retrieved 2026-04-19.
  5. ↑ Signet Buys James Allen; Comp Sales Rise - JCK (in en-US) (2017-08-24). Retrieved 2026-04-20.
  6. ↑ Financial Report 2019. Retrieved 2026-04-19.
  7. ↑ Broughton, Kristin (2021-03-19). "Signet Jewelers Funds Online Sales Push With Cost Savings, Reduced Store Hours" (in en-US). Wall Street Journal. ISSN 0099-9660 . https://www.wsj.com/articles/signet-jewelers-funds-online-sales-push-with-cost-savings-reduced-store-hours-11616179925. Retrieved 2021-03-20. 
  8. ↑ Prang, Allison (2018-03-14). "Signet to Close 200 Stores as a Mall Stalwart Skips the Mall" (in en-US). Wall Street Journal. ISSN 0099-9660 . https://www.wsj.com/articles/signet-to-close-200-stores-as-a-mall-stalwart-skips-the-mall-1521048800. Retrieved 2026-04-19. 
  9. ↑ Partridge, Joanna (11 June 2019). "Monsoon Accessorize, Restaurant Group and Quiz to shut sites". Guardian. https://www.theguardian.com/business/2020/jun/10/restaurant-group-monsoon-accessorize-and-quiz-to-shut-sites-frankie-and-bennys-coronavirus. Retrieved 19 April 2026. 
  10. ↑ Abrams, Rachel (5 May 2017). "Sterling Jewelers Settles Charges of Bias Against Female Workers". The New York Times. https://www.nytimes.com/2017/05/05/business/sterling-jewelers-settles-bias-case.html?mcubz=3&_r=0. Retrieved 18 September 2017. 
  11. ↑ Batten, Mark W.. Second Circuit Decision Resuscitates EEOC’s Gender Discrimination (in en). National Law Review (2015-09-11). Retrieved 2026-04-19.
  12. ↑ Harwell, Drew (17 July 2017). Signet Jewelers CEO, at center of gender-discrimination case, retires for 'health reasons'. https://www.washingtonpost.com/news/business/wp/2017/07/17/signet-jewelers-ceo-mark-light-at-the-center-of-a-sprawling-gender-discrimination-case-out-for-health-reasons/. Retrieved 19 April 2026. 
  13. ↑ Attorney General James And Consumer Financial Protection Bureau Announce $11 Million Settlement With Sterling Jewelers (in en). Office of the New York State Attorney General (2019-01-06). Retrieved 2026-04-19.
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