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The Newest Luxury Jewellery Developments
Upon closing, Blue Nile will be a part of Jareds, Diamonds Direct and James Allen, one other DTC jeweler, in Signet’s Accessible Luxury phase. And it'll put the $7.8 billion Signet that much closer to its aim of $9 billion in annual sales. This is the second major acquisition for Signet in less than a 12 months, following final fall’s purchase of the regional, 25-store Diamonds Direct chain for $490 million. During the hustle and bustle of the holidays, it’s straightforward to neglect that, for all of these people, the real miracle is that they are moving ahead. It’s our…