Signet Jewelers Hit On All Cylinders In Holiday 2021, Growing Sales By 30%

  • Date: 22-Jan-2022
  • Source: Forbes
  • Sector:Retail
  • Country:Middle East
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Signet Jewelers Hit On All Cylinders In Holiday 2021, Growing Sales By 30%

Luxury Present. Smiling Black Young Lady Receiving Golden Pendant Necklace With Diamond For Holiday. ... [+] Happy Lovely Couple Celebrating St Valentine's Day, Anniversary, Engagement Or Birthday Signet Jewelers, the nation's largest jeweler and parent of Kay, Zales, Jared, Banter by Piercing Pagoda, James Allen, Diamonds Direct and others, just announced that its November through December 2021 holiday retail sales broke company records. Revenues grew 30% over last year and 33% over two-years ago to reach $2. 4 billion. Unfortunately, the Census Department is still processing the detail data, so we don't have final jewelry retail figures to compare Signet's performance against, but it's safe to guess that Signet's holiday performance will outpace the category as a whole. As strong as holiday 2021 was – retail sales overall grew 14. 1% in the two-month period –Signet should handily outpace the jewelry retail category as a whole. Not only is Signet the largest U. S. jewelry retailer, but CEO Gina Drosos is proud to say, "Our company leads the industry in innovation. That's why we are the category leader, not just by virtue of our size, but by virtue of being the best: having the best people, the best products and