She was remembered as a creative and generous woman of faith, who also had a sweet tooth.
Signet Completes R2Net Acquisition
It now has access to the company’s digital technology as well as an e-commerce brand attractive to millennials through JamesAllen.com.

Hamilton, Bermuda--Signet Jewelers announced Tuesday that it has completed its acquisition of R2Net, the owner of online retailer JamesAllen.com.
It paid $328 million in cash.
The move will bring together Signet’s jewelry retail platforms with R2Net’s digital technology to help execute the former’s customer-first omnichannel strategy while also adding a millennial online retail brand to its portfolio, Signet said.
JamesAllen.com’s sales have grown by 250 percent in the last two years, it noted, as consumers embrace its innovative technologies.
These include a diamond imaging camera, which can create 360-degree HD images with a 40x super-zoom and can be used on any device; 3-D imaging technology that allows shoppers to pair loose diamonds with rings; a ring try-on app; and 24/7 customer service and chat capabilities.
When it first announced the deal last month, Signet said that over time, the retailer will look at whether a showroom-type concept makes sense for JamesAllen.com.
It also said it sees “significant” growth opportunities from the implementation of R2Net’s technologies across its physical and e-commerce platforms. Implementation of select technologies will be designed to ensure there is no disruption during the upcoming holiday season.
R2Net is expected to contribute approximately $80 million to $90 million to company revenue in fiscal 2018.
The company’s brands will operate largely as an independent division of Signet under the leadership of Oded Edelman.
In addition to this role, Edelman also will serve as chief digital innovation advisor of Signet, reporting directly to and assuming responsibility for driving Signet’s digital innovation strategy.
“We are pleased with the rapid completion of the R2Net acquisition, which supports our focus on enhancing omnichannel consumer experience and building a culture of innovation and agility across our organization,” Signet CEO Virginia C. Drosos said.
“This strategic acquisition will allow us to accelerate digital innovation and create an engaging and exciting shopping experience, seamlessly integrated across Signet’s physical and online retail platforms. Together with the R2Net team, we believe we can lead transformation in the jewelry sector by digitizing how we engage, communicate and serve consumers whenever and wherever they desire.”
The Latest

The New York-based brand is set to launch a limited-time offering for the holiday season at Holt Renfrew in Toronto.

Move over neck mess, the ear story is the way to make a layering statement today.

Holiday sales growth is expected to slow as consumers grapple with inflation and tariff-related uncertainty.


Jamie Turner Designs is among the winners of the local “Austin Shines” contest, hosted by Eliza Page, a jewelry store in Austin, Texas.

The red and azure colorway is one of many fun enamel pairings offered, bringing whimsy to the classic style of a monogramed signet ring.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

A trade deal with Switzerland seems probable, but reaching an agreement with India remains a challenge, David Bonaparte said.

Botswana’s president said his country wants a controlling share, while Angola envisions multiple countries holding minority stakes.

The manufacturer is adding 1,400 chemical vapor deposition (CVD) reactors to its growing facility in India.

The jeweler to the stars has worked with Drake, A$AP Rocky, Tyler the Creator, and other celebrities.

The Scarsdale, New York-based jeweler donated a professional-grade watch cleaning machine.

The 50 percent tariffs on diamonds shipped from India to the U.S. have pushed midstream manufacturers to the edge.

De Beers’ refreshed, multipronged approach, which includes generic promotions and retail partnerships, is delivering positive dividends.
They are trying to balance the need to sustain well-established relationships with the pressure higher tariffs have put on margins.

Jewelry manufacturer Jewelex has partnered with JOSH, an industry training center, on a program for people with disabilities.

The collection includes pieces dating back to the Victorian and Art Deco periods as well as mid-century and late 20th-century designs.

He previously served as co-chair of the nonprofit’s beneficiary committee.

Its second collaboration with the conservationist features jewelry with dove and olive branch motifs.

The diamond manufacturer’s new company will provide accessible and affordable high-quality medicines across India.

Emmanuel Raheb shares tips on how a jeweler’s showcases, marketing, and social media presence can whisper, instead of shout.

The “Super Book of Gems” dives into the Mohs Hardness Scale, the Four C’s, and designs from jewelers like Cartier and Bulgari.

Claudio Pasta will take the lead at the Italian fine jewelry brand, succeeding company founder Licia Mattioli.

The new lab-grown diamond jewelry offering is the latest expansion of the designer’s “Bliss” collection.

The miner is honoring the end of an era with an offering of 52 lots from the now-closed Argyle and the soon-to-close Diavik mines.

The California-based fine jewelry brand will retain its identity post-acquisition, with new collections launching next year.