As is typical for Signet, it doesn’t mess with the secret sauce of the brands it acquires. From a strategic perspective, Signet’s CEO Gina Drosos shared with me that the considering behind the Blue Nile acquisition is “very crisp and clear,” however she acknowledges that many acquisitions can derail if the company cultures don’t match. Her team spent a “good deal of time” assessing the match to guarantee that doesn’t occur. Upon closing, Blue Nile will be a part of Jareds, Diamonds Direct and James Allen, another DTC jeweler, in Signet’s Accessible Luxury phase. Based in Toronto, the label is…
Options within the store’s inventory include chains in 22-karat gold or platinum by Cathy Waterman, primarily based in Santa Monica, Calif., and a clip chain necklace that looks a bit like a classic pocket watch fob from the New York-based brand Foundrae. The Rapaport Group, founded by Martin Rapaport, printed the first Rapaport Diamond Price List in 1978 which is today the worldwide benchmark for diamond costs. At his store in Lagos, every bit of gold, silver and brass-coated jewellery represents Nigerian custom and culture. Malabar Gold & Diamonds, a outstanding name within the Indian jewellery retail sector, has unveiled…