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In 2012, Signet acquired ULTRA Diamonds [8] and converted most of ULTRA stores to Jared Vault & Kay Jewelers Outlets. [9] In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving USD$21 a share in cash in USD$1.4 billion deal. [10] This merger created a $6.2 billion firm. [10]
A Jared-branded store in Hillsboro, Oregon in September 2012. According to the company's February 2, 2008, Annual Report & Accounts, Sterling has the number-two position in the U.S. with a 4.2% market share of all jewelry purchases. Sterling has a leading 8.8% market share in the specialty jeweler market share (highest in the sector).
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In 2006, Blue Nile sold $197 million in engagement rings and wedding bands, compared to $186 million for Tiffany & Co. [5] In November 2011, CEO Diane Irvine, who had been with the company for 12 years and its CEO since 2008, abruptly resigned. [6]
As Kay Jewelers, Zales, and Jared stores were forced to temporarily close across the country, many customers were left without the jewelry they had brought in to locations for repair. Since ...
Elissa Sommers, the CEO and head jewelry designer of Los Angeles-based Elissar Couture, said she does not sell lab-grown diamonds in her store. Sommers has been selling engagement rings for over ...
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