Jewellery sales down as shoppers stay away

Jewellery retailer Signet revealed today that its Ernest Jones and H Samuel chains had sunk deeper into the red.

Jewellery sales down as shoppers stay away

Jewellery retailer Signet revealed today that its Ernest Jones and H Samuel chains had sunk deeper into the red.

Hit by the weakness in consumer confidence, Signet said first-quarter losses of £400,000 (€585,000) at the operating level had swollen to a deficit of £2.4 (€3.5m) at the half-year stage.

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