Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Signet Jewelers Limited reports fiscal 2023 results

20 march 2023
Signet Jewelers Limited, the world's largest retailer of diamond jewelry, announced its results for the 13 weeks ("fourth quarter Fiscal 2023") and 52 weeks ("Fiscal 2023") ended January 28, 2023.
In fourth quarter fiscal 2023 total sales of $2.7 billion, down $145.1 million or 5.2% сompared to FY22, and up $512.9 million or 23.8% compared to FY20. 
Same store sales down 9.1% to last year and up 16.4% to FY20. 
Total sales for the full fiscal year 2023 amounted to $7.8 billion, up $16.1 million or 0.2% to last year, and up $1.7 billion or 27.8% to FY20. 
SSS declined 6.1% versus last year and increased 18.1% compared to FY20.

Alex Shishlo for Rough&Polished