Christmas trading was a flop for the group, with heavy discounting driving same store sales down by 5.8% for H. Samuel and 8.9% for Ernest Jones.
Parent company Signet Jewelers says its UK stores are operating in a "difficult environment".
ernest jones
Rising sales for prestige watches fail to offset falling revenue from bridal jewellery, fashion jewellery and fashion watches.
During the quarter, higher sales in prestige watches were offset by lower sales in diamond jewellery and fashion watches.
Westfield London boutique adopts the fresh brand identity developed by George Kern after he took over as CEO.
The jeweller already has two stores in the city, but one of these will be closing when the new branch opens.
Signet says the same-store sales decline was driven by lower sales in fashion watches and diamond jewellery, partially offset by higher sales in prestige watches.
Signet Jewelers' sustained investment in ecommerce reaped rewards in the first quarter of its financial year as online sales contributed
UK Jewelry is the name of Signet Jewelers’ British operations comprising Ernest Jones and H.Samuel. US-based Signet Jewelers is a
WatchPro's reporting of the holiday season trading for H.Samuel and Ernest Jones incorrectly stated the impact of currency fluctuations. A