GENERAL MERCHANDISE NEWS
Signet sales sparkle
3 November, 2006 | by Retail Bulletin
Signet Group unveils a strong Q3 sales performance.
Group like for like sales rose by 5.4% in the 13 weeks to 28 October 2006. Total sales were up 9.5% at constant exchange rates.Terry Burman, Group Chief Executive, commented ‘The Group has had another good quarter with like for like sales up by 5.4%. Total sales rose by 9.5% at constant exchange rates. For the year to date, like for like sales increased by 5.3% and total sales by 9.8% at constant exchange rates. In the quarter, the UK division continued its improving trend with like for like sales growth of 3.0%. Both Ernest Jones and H.Samuel showed increases for the period. The US business continued to perform strongly with like for like sales 6.5% ahead.’
