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In February 2014, Signet Jewelers agreed to buy Zale Corporation, with Zale shareholders receiving US$21 a share in cash in US$1.3 billion deal. [11] The merger created a $6.2 billion firm. [11] In January 2017, Zales announced it would close a handful of its mall stores when the leases expire, to avoid duplication with former rival Kay ...
Signet Jewelers Ltd. (Ratner Group 1949–1993 then Signet Group plc to September 2008) is, as of 2015, the world's largest retailer of diamond jewellery. [1] The company is domiciled in Bermuda and headquartered in Akron, Ohio , and is listed on the New York Stock Exchange .
In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving US$21 per share in cash in a US$1.4 billion deal. This merger created a $6.2 billion firm. [9] In August 2017, it was announced that Signet Jewelers Ltd. agreed to buy R2Net, owner of online jewelry retailer JamesAllen.com, for $328 million. [10]
Shane Company or Shane Co. is the largest privately owned jeweler in the United States. [1] The company is a direct diamond, ruby, and sapphire importer that operates 20 retail stores across the US, as well as their website, ShaneCo.com.
Mark C. Vadon, then a management consultant at Bain & Company, purchased a diamond engagement ring from the site in 1998. [3] In 1999, Vadon raised $6 million to purchase 85% of the company and improve the website. [3] The company's name was changed to Blue Nile in November 1999. [4] During the next year, the company raised an additional $44 ...
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