What Companies are Owned by Signet Jewelers?

Signet Jewelers is a well-known brand in the jewelry industry, with a portfolio of companies under its ownership. It is one of the world’s largest specialty retailers in jewelry and watches, with over 3,600 stores globally.

Signet has gone through several stages of ownership since its inception, but today it boasts a wide range of shareholders including institutional investors, banks, and other retail investors. And it owns a wide range of brands and companies.

In this blog post, we will take an in-depth look at different companies that are owned by Signet Jewelers.

Keep reading…

Who Owns Signet Jewelers?

Signet Jewelers is owned by a wide range of shareholders.

The company has been publicly traded since 1994 and its shares are listed on the New York Stock Exchange (NYSE).

Institutional investors, banks, and retail investors all own a piece of Signet Jewelers’ stock, allowing them to influence the company’s decisions.

For example, Fidelity Management & Research Company is the largest institutional investor with a 7.54% stake in Signet Jewelers.

Similarly, BlackRock Inc., Vanguard Group Inc., and State Street Corporation are also among the major institutional investors who own significant chunks of ownership in the company.

Signet Jewelers began as Ratner Group Limited in 1949 before eventually becoming the Signet Group plc in 1986.

In 1993, the company was acquired by an investment firm known as Zale Corporation and eventually went public two years later as Signet Jewelers Ltd. In 2014, Zale Corporation merged with Signet Jewelers to become one of the largest specialty retailers in jewelry and watches globally.

Signet Jewelers is a well-respected player in the jewelry game, but people may not know who the real owners are behind the glitz and glamour.

The British company, based in Bermuda, is currently owned by zero short-term institutional investors and only one long-term institution investor.

While these may not be household names, it’s interesting to know that the company is primarily owned by institutional investors rather than individual stockholders.

It just goes to show you that there is more to a company than just the public face and that significant investment is required to keep the sparkle shining.

What Companies are Owned by Signet Jewelers?

Some of the notable names include Zales, Jared, and Kay Jewelers. Others are listed below:

1. Zales

In particular, has been a popular choice for those seeking affordable yet stylish jewelry pieces, while Jared offers a more luxurious shopping experience.

2. Jared

Jared is an upscale, full-service jewelry store offering a variety of designer and fine jewelry. The company offers diamonds, gemstones, timepieces, and custom design services.

3. Kay Jewelers

A more budget-friendly option compared to Jared, Kay Jewelers specializes in diamond engagement and fashion rings, wedding bands, necklaces, earrings, and other fine jewelry pieces.

Kay Jewelers caters to a wider audience, offering a broad range of jewelry collections for various occasions.

4. Piercing Pagoda

Piercing Pagoda is a retailer of earrings, rings, and other body jewelry.

It operates mainly in shopping malls across the United States, offering a selection of affordable items for those looking to accessorize their look.

5. JamesAllen.com

JamesAllen.com is an e-commerce site for customizable and designer jewelry, including engagement rings, wedding bands, and other fine jewelry pieces.

It operates mainly online, providing a stress-free shopping experience with free home try-ons and virtual 3D designs.

6. UK-based Ernest Jones

UK-based Ernest Jones is a luxury jewelry retailer that offers customers the ability to purchase engagement rings, wedding bands, necklaces, and other fine jewelry pieces.

It offers both in-store and online shopping experiences.

When Was Signet Jewelers Founded?

It started back in 1949 when the first Kay Jewelers store was opened in Reading, Pennsylvania.

Over the years, Kay Jewelers expanded and eventually merged with other jewelry brands to become Signet Jewelers.

Today, the company operates over 3,000 stores worldwide, including popular brands such as Zales and Jared.

It’s amazing to think that this global empire all began with just one small store in Pennsylvania over 70 years ago.

Who is the CEO of Signet Jewelers?

The current CEO is Virginia Drosos, and she has brought a wealth of experience and expertise to the table.

As CEO, she has assisted in driving the vision and strategy of the company, which has helped Signet Jewelers remain a top player in the competitive jewelry market.

With her leadership, the company is continually innovating and expanding its offerings to meet the needs of its customers.

Virginia Drosos is a trailblazer in the industry, driving growth, promoting diversity and inclusion, and inspiring others to achieve success.

What is Signet Jewelers’ Net Worth?

Signet Jewelers is one of the world’s largest jewelry retailers, with a net worth of over $4.72 billion as of March 2024.

The company operates in the United States, the United Kingdom, and Canada through various brands such as Zales, Kay Jewelers, Peoples, and Jared.

Despite the challenges of the retail industry, Signet Jewelers has experienced growth and stability over the years, thanks to its strong brand reputation and continuous efforts to meet the evolving needs of its customers.

With a focus on high-quality products and exceptional customer service, Signet Jewelers has garnered a loyal following in the jewelry industry and remains a force to be reckoned with.

Where is the Headquarters of Signet Jewelers?

The headquarters of Signet Jewelers is situated in the state of Ohio, specifically in the city of Akron.

This location serves as the main hub for the company’s operations and management team.

Signet Jewelers has come a long way since its inception, and its headquarters is a testament to its growth and success.

Although the company now has a significant international presence, its roots are firmly planted in Akron, Ohio.

What is the Annual Revenue of Signet Jewelers?

Signet Jewelers reported an annual revenue of $7.84 billion in 2023.

It’s no wonder that Signet is known for its extensive collection of engagement rings, wedding bands, and fine jewelry.

With stores across the United States, Canada, and the United Kingdom, Signet Jewelers is a major force in the world of luxury goods.

And with a revenue stream like theirs, it’s safe to say they’re doing something right.

How Many Employees Does Signet Jewelers Have?

Signet Jewelers employed more than 30,000 people globally, achieving staggering financial success while continuing to prioritize customer satisfaction.

As a result, it’s no surprise that Signet Jewelers has continued to expand its workforce, recognizing the importance of investing in dedicated experts who will make the brand’s vision a reality.

From diamond setters to sales associates, Signet Jewelers values its employees and is proud to have such a diverse and talented team.

Final Thoughts

Signet Jewelers is an undeniable leader in the world of jewelry retail, having vast resources and a network of retail subsidiaries.

It is a giant in the industry with a net worth of over $4 billion, and its annual revenue surpasses $7 billion.

The company was founded in 1949 by Henry Singler and now has over 30,000 talented and amazing employees working in various departments across the globe.

Its parent company, Sterling Jewelers Inc., owns multiple companies such as Zales, People’s Jewellers, Kay Jewelry, and Piercing Pagoda which are well-known for their amazing services for customers.

With its well-connected structure and experienced management team – headed by CEO Gina Drosos – Signet Jewelers continues to stay at the top providing high quality jewelry to customers all around the world.

FAQs