Signet loses some of its UK sparkle
Signet revealed a 0.8 per cent fall in UK same-store sales in the nine weeks to January 2 – down further on the 0.2 per cent fall seen in the third quarter.
But Ernest Jones saw sales return to positive territory over the Christmas period, while Signet's US division also put in a more robust performance.
In the UK, Signet said trading was impacted marginally by the snow before Christmas.
It also announced it will begin the hunt for a successor to group chief executive Terry Burman in February.