| Business Summary | | Signet
Group
plc
is
a
specialty
retail
jeweler
engaged
in
the
sale
of
jeweler,
watches
and
gifts,
and
operates
1,604
stores
in
the
United
Kingdom
and
United
States.
Signet
operates
both
mall
jewelry
stores
and
destination
superstores
in
off-mall
shopping
centers
in
the
United
States.
Its
mall
stores
trade
nationwide
as
Kay
Jewelers
(Kay),
and
regionally
under
a
variety
of
trade
names.
The
off-mall
destination
superstores
trade
as
Jared
-
The
Galleria
of
Jewelry
(Jared).
In
the
United
States,
the
Company's
business
is
managed
and
operated
as
a
stand-alone
entity.
In
the
United
Kingdom,
Signet
operates
primarily
through
H.Samuel,
which
is
targeted
at
the
heart
of
the
mass
market,
and
Ernest
Jones,
which
is
directed
at
the
upper
end
of
the
mass
market.
Signet
operated
428
H.Samuel
stores
and
177
Ernest
Jones
stores,
including
27
Leslie
Davis
stores,
as
of
January
27,
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SIGY
is
a
specialty
retail
jeweler
engaged
in
the
sale
of
jewelery,
watches
and
gifts.
SIGY
currently
operates
1,604
stores
in
the
United
Kingdom
and
United
States.
For
the
fiscal
year
ended
1/27/01,
revenues
increased
22%
to
L1.39
billion.
Net
income
according
to
U.S.
GAAP
increased
51%
to
L97.1
million.
Revenues
benefitted
from
the
acquisition
of
Marks
and
Morgan.
Net
income
also
reflects
a
higher
gross
profit
due
to
the
leverage
of
strong
sales
growth
on
fixed
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | James McAdam, 70 | Chairman | Terry Burman, 55 | CEO,
Director | Stephen Card, 41 | Group
Treasurer | Timothy Jackson, 42 | Sec.,
Director of Investor Relations | Walter Boyd, 48 | Fin.
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|