Largest online jewelry retailer Signet Group plc announced its second quarter 2005/06 sales performance for the 13 week period from 1 May 2005 to 30 July 2005.
13 WEEKS TO 30 JULY 2005 Group like for like sales rose by 3.3 percent in the 13 week period. Total sales were up by 6.4 percent to £352.4 million (13 weeks to 31 July 2004: £331.1 million, see Note 1) reflecting an underlying increase of 6.8 percent at constant exchange rates (see Note 2).
London based Signet Group is the world's largest speciality retail jeweller with operations in the US and UK and focuses on the middle market jewellery sector. The Group operated 599 stores in the UK. As at 30 April 2005, Signet operated 1,769 speciality retail jewellery stores.
These include 1,170 stores in the US, where the Group trades as 'Kay Jewelers,' 'Jared The Galleria Of Jewelry' and under a number of regional names. At the same date Signet operated 599 stores in the UK, where the Group trades as 'H.Samuel,' 'Ernest Jones' and 'Leslie Davis.'