Thursday, 11th August 2005 (3952 views)

More jewellery has been sold by Signet Group, the largest retailer of its kind, between May and July 2005 than in last year's second quarter.

The group has experienced a 3.3 per cent sales rise bringing its profit to £352.4 million for these 13 weeks.

H Samuel is part of the group, which has chains in both the UK and the US and sells gold products in addition to other metallic jewellery pieces.

Its American side makes up 74 per cent of the business thus reflecting the fact that the USA has the world's second largest gold market.

Signet chains routinely provide high-street customers with important sentimental purchases such as wedding and engagement rings frequently fashioned from gold and other precious metals.



© Adfero Ltd

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.