Likely that will be the path that Signet will comply with because it folds Blue Nile in. As is typical for Signet, it doesn’t mess with the secret sauce of the manufacturers it acquires. But given the current economic uncertainty and skyrocketing inflation inflicting customers to pull back on discretionary spending, Signet’s fowl within the hand is best than two within the IPO bush. This is the second major acquisition for Signet in less than a year, following last fall’s purchase of the regional, 25-store Diamonds Direct chain for $490 million. We have numerous options to advertise with us including…
