The California jeweler is renovating its store in Fresno, with plans to show off the new space in December.
Discover Exec Appointed to Signet’s Board
Discover Financial Services CFO R. Mark Graf joins the retailer as longtime board member Dale W. Hilpert retires.

Akron, Ohio--The chief financial officer of Discover has been tapped to join Signet Jewelers Ltd.’s board of directors just as the retailer begins the process of outsourcing its in-house credit program.
R. Mark Graf, 53, became CFO of payments and credit card company Discover Financial Services in 2011. Prior to that, he was an investment advisor at Aquiline Capital Partners, a partner at Barrett Ellman Stoddard Capital Partners and the CFO of Fifth Third Bancorp.
He holds a bachelor’s degree in economics from the University of Pennsylvania’s Wharton School.
He will officially join Signet’s board on July 1.
In a company statement welcoming Graf to the board, Chairman H. Todd Stitzer mentioned his “deep, balanced and diversified finance, credit and leadership experience.”
The announcement of Graf’s appointment comes almost exactly a month after Signet said that it has begun jettisoning its in-house credit program, starting with the sale of $1 billion of its prime-only accounts to Alliance Data System Corp. and a seven-year deal with Progressive Leasing that will allow customers who don’t qualify for credit to do a lease-purchase on jewelry from one of Signet’s stores.
Exiting Signet’s 12-member board is 74-year-old Dale W. Hilpert, who is retiring after more than a decade.
Hilpert, the former CEO of Williams-Sonoma Inc. (April 2001 to January 2003) and, prior to that, Foot Locker Inc., joined Signet’s board in 2003.
He also served as a director of Ann Inc., the company that operates Ann Taylor and Loft women’s clothing stores, until Ascena Retail Group acquired the company in August 2015. He was asked to join Signet’s board because of his general management and retail-specific skills.
Signet said Hilpert is retiring for “personal reasons.” His retirement will be effective June 28.
The Latest

A lifelong practitioner of Pilates, Gabrielle looked to the springs’ tension and suspension when creating this ring, our Piece of the Week.

The deadline to apply is Nov. 13.

Submit your pieces for a chance to win in this year's competition.

The auction house has promoted Remi Guillemin, formerly its head of watches for the Americas and EMEA, to the role.


Zaven Ghanimian discussed the value of human craftsmanship and where the implementation of artificial intelligence does work.

Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.

The “Confetti Disco,” “Champagne Cheers,” “Tuxedo,” and “Classic Punk” jewelry collections each capture a distinct spirit of celebration.

Nelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.

Cat ladies of the jewelry world, unite. Sandy Lerner’s “significant” collection of cat jewelry and other objects is going up for auction.

The branding references the back-to-back jewelry shows that new parent company Forge will host in Miami's Coconut Grove this November.

The stainless steel Patek Philippe “Calatrava” watch from the 1930s sold for nearly $80,000 at a recent Hansons Cornwall auction.

Engagement rings are important but don’t ignore the customers who are buying jewelry “just because,” Emmanuel Raheb writes.

The veteran luxury packaging executive was appointed to help the company grow its North American business.

Once the property of an Egyptian queen, the necklace was part of a larger exhibition of VCA jewelry at the Museum of Applied Arts (MAK).

The labs’ separate investigations each determined that the East African country is producing copper-bearing tourmaline.

“Chicago Collects: Jewelry in Perspective” at the Oshkosh Public Museum will feature works by Fabergé, Lalique, and Louis Comfort Tiffany.

The “Worn Well” collection is Catbird's take on classic men's jewelry.

This Buddha Mama butterfly is our Piece of the Week honoring the legend, who embraced the beautiful insect as her symbol.

The former De Beers CEO, and perhaps its next owner, will be a featured speaker at the event, slated for Sept. 4-7 in Italy.

The employee-owned jeweler was named a “Best Place to Work” in Maine, New Hampshire, and for women.

The second iteration of the jewelry collection was inspired by the zodiac and the four elements: earth, water, air and fire.

General License 104B supersedes General License 104A, which was set to expire on Sept. 1.

The package, intercepted in Indianapolis, contained fake Cartier, Tiffany & Co., and Van Cleef and Arpels jewelry.

The new location in Costa Mesa, California, marks the brand’s second store in the United States and fourth standalone location worldwide.





















