Titan Achieves $1 Billion Jewelry Gross Sales In Q2 Fy24
This, mixed with chain-wide inventory down 14% from final yr while many independent retailers are sitting on unsold stock, offers Signet a competitive benefit. Its DTC Blue Nile banner is inextricably linked to diamonds in consumers’ minds, and diamonds are the specialty of its Diamonds Direct big-box vacation spot shops. The chain was acquired in late 2021 with 22 shops; Signet’s added seven shops since then to bring the whole to 30 Diamonds Direct stores. What gives Drosos hope for the approaching quarter, next yr and past is the return of the bridal jewellery market, which accounts for half of …
mikoto