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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.
[1] [5] The New York Times called it "demi-fine" to distinguish it from costume jewelry and fine jewelry. [6] The shops offer permanently welded-in-place custom bracelets, which they've offered since 2017 and are credited with inventing. [1] [5] [7] [8] Permanent jewelry went viral in the early 2020s. [7] [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] In July 2017, Virginia Drosos was appointed CEO of Signet Jewelers Ltd., replacing Mark Light, who had served as CEO since October 2014. [11]
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