Signet Will Struggle to Regain its Shine - News Summed Up

Signet Will Struggle to Regain its Shine


For mall-based jewelry retailers, these are turbulent times. Young consumers, delaying marriage, aren’t swooping in for engagement rings as older generations once did. Traffic to malls is declining. Consumers are eager to shop online, which isn’t how jewelers are accustomed to doing business. Signet Jewelers’s stock moves on earnings day have averaged 21% over the past six quarters.


Source: Wall Street Journal April 03, 2019 16:18 UTC



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