Signet Jewelers Scores A Serious Win Within The Strategic Acquisition Of Blue Nile
“Inspiring Brilliance” hallmarks were to increase and differentiate the company’s huge banners, grow service revenues, build its Accessible Luxury and Value Segments and speed up digital e-commerce. The Blue Nile acquisition is especially timely since financial headwinds are already blowing in Signet’s path. Along with this announcement, Drosos revised the company’s previous steering Jewelery News downward, now expecting fiscal 2023 revenues to fall in the $7.6 to $7.7 billion range, down from $8.03 to $8.25 million. “The core values and purpose of Blue Nile are very comparable to ours at Signet. We’ve accomplished plenty of work to create a tradition …
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