The Blue Nile acquisition is particularly timely since financial headwinds are already blowing in Signet’s path. Along with this announcement, Drosos revised the company’s previous steering downward, now expecting fiscal 2023 revenues to fall within the $7.6 to $7.7 billion range, down from $8.03 to $8.25 million. The Blue Nile acquisition will bring priceless insights, expertise and assets to proceed Signet’s push to completely understand the company’s Connected Commerce capabilities. And it’ll Auto News give Signet entry to a youthful, extra affluent and ethnically various buyer base that is snug shopping within the evolving omnichannel buying surroundings. By comparability, in fiscal 2022, e-commerce gross sales reached $1.5 billion, nearly 20% of complete revenues and more than double over fiscal 2020. Besides excelling at selling diamond jewelry sight unseen over the internet, Blue Nile has perfected an inventory-less showroom model.
- Other retailers, including trend chain City Chic and jewelry retailer Michael
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The Blue Nile acquisition is particularly timely since financial headwinds are already blowing in Signet’s path. Along with this announcement, Drosos revised the company’s previous steering downward, now expecting fiscal 2023 revenues to fall within the $7.6 to $7.7 billion range, down from $8.03 to $8.25 million. The Blue Nile acquisition will bring priceless insights, expertise and assets to proceed Signet’s push to completely understand the company’s Connected Commerce capabilities. And it’ll Auto News give Signet entry to a youthful, extra affluent and ethnically various buyer base that is snug shopping within the evolving omnichannel buying surroundings. By comparability, in fiscal 2022, e-commerce gross sales reached $1.5 billion, nearly 20% of complete revenues and more than double over fiscal 2020. Besides excelling at selling diamond jewelry sight unseen over the internet, Blue Nile has perfected an inventory-less showroom model.
- Other retailers, including trend chain City Chic and jewelry retailer Michael
…
The Blue Nile acquisition is particularly timely since financial headwinds are already blowing in Signet’s path. Along with this announcement, Drosos revised the company’s previous steering downward, now expecting fiscal 2023 revenues to fall within the $7.6 to $7.7 billion range, down from $8.03 to $8.25 million. The Blue Nile acquisition will bring priceless insights, expertise and assets to proceed Signet’s push to completely understand the company’s Connected Commerce capabilities. And it’ll Auto News give Signet entry to a youthful, extra affluent and ethnically various buyer base that is snug shopping within the evolving omnichannel buying surroundings. By comparability, in fiscal 2022, e-commerce gross sales reached $1.5 billion, nearly 20% of complete revenues and more than double over fiscal 2020. Besides excelling at selling diamond jewelry sight unseen over the internet, Blue Nile has perfected an inventory-less showroom model.
- Other retailers, including trend chain City Chic and jewelry retailer Michael
…