The ruby and the sapphire, which Christie’s calls a “once-in-a-generation masterpiece,” are part of the upcoming Hong Kong jewelry auction.
Signet COO Resigns From the Company
Bryan Morgan stepped down from the retailer June 2 due to “violations of company policy unrelated to financial matters.”

Akron, Ohio--Signet Jewelers Ltd. COO Bryan Morgan has resigned from the company, it announced Monday.
In a form 8-K filed with the Securities and Exchange Commission, the retailer said he was stepping down due to “violations of company policy unrelated to financial matters.”
Morgan had been in the position since earlier this year, when he was promoted from position of executive vice president of supply chain management and repair.
He has been with Signet since July 2015, according to his LinkedIn page, and prior to that held various roles with Sterling Jewelers starting in July 2007.
While Morgan was let go for “violations of company policy,” the retailer also has seen a number of retirements in its upper ranks this year.
Morgan’s promotion into the COO role came at the same time as a major senior management restructuring at the company.
Ed Hrabak, then the company’s COO, announced he was retiring in late January after more than 30 years with Signet. At the same time, Tryna Kochanek, Signet’s executive vice president of North American store operations, also announced her retirement after more than three decades with the retailer.
It announced at the time that as Hrabek and Kochanek exit, it was creating two new positions--president and chief customer officer and chief retail insights and strategy officer. The retailer also said then that it was adapting to changes in retail and looking to build an “organization of the future” that focuses on improving the customer experience in stores and the digital experience online.
Then in May, Executive Vice President and Chief Merchandising Officer Stuart Lee, who has been with Signet for 21 years, and Clark McEwen, the senior vice president of Signet Direct Diamond Sourcing, announced they are retiring as well.
Signet provided no timeline for their exit or information on when, or if, their positions will be filled.
The retailer reported at the end of May that same-store sales were down nearly 12 percent in the first quarter due to a slowdown in jewelry spending in an already challenging retail environment and an 11 percent decrease in total sales year-over-year.
The Latest

The two pairs of earrings, snatched from a Tiffany & Co. store in Orlando, Florida, are valued at a combined $769,500.

The time to start experimenting with video content is now, writes columnist Emmanuel Raheb.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

From striking high jewelry to miniature fine jewelry, the new chapter continues to highlight gemstones featuring its signature 57-facet cut.


The auction house's partnership with online watch servicing platform WatchCheck makes repairs convenient and accessible, it said.

The company also noted record sales in the United States and a strong performance in its jewelry category.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

The event, set for June 13-15, will feature educational presentations and guided visits to the state’s sapphire mines.

After the black enamel band became a best-seller for the brand, it has now launched an enamel ring personalization program.

The Austin, Texas, jeweler’s new 11,000-square-foot store is set to open this summer.

The rapper and singer-songwriter will perform at Tao Beach on June 8.

“Conversations with Chris Ploof” covers tips for men buying wedding bands, behind-the-scenes footage of Ploof in his studio, and more.

As lab-grown diamond brands pop up across India, academics are researching how to grow demand outside of the jewelry industry.

The “Rush Hour” campaign stars Zoë Kravitz in bold, wearable pieces designed to make a statement in the workplace.

Breitling is reviving Gallet, which was founded in 1826 and is known for making watches used in the early days of long-distance travel.

Dubbed the “Mediterranean Blue,” this “remarkably rare” diamond will be part of Sotheby’s May jewelry auction in Geneva.

The American Gem Society now offers a Jewelry Evaluation Advisor designation as well as an updated Certified Sales Associate designation.

Rebecca Zeijdel-Paz created more than 75 new pieces for the residency, which will be on display at Trove’s store in New York through April.

Smith explores why a qualified candidate might still not be right for the job.

The company and its marketing agency, Loudr, were recognized for the “Make You Dance” marketing campaign.

The “Series8” and “Attesa” collections will be grouped under Citizen Premier.

David Fager, a former systems engineer at the retailer, was promoted to the role.

From retailers to designers and the media, the fine jewelry industry recognized one another’s work and looked to the future.

Eleanor H. Yeh is the recipient of the eighth annual Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design.

Joseph Cavalcante takes on the dual role as the Spanish jewelry brand looks to expand further into the U.S. market.

The trade show has also upgraded its venue to the Caesars Forum Conference Center.