Retailers
Signet Jewelers operating income drops £116m
The group which operates brands such as H. Samuel and Ernest Jones, saw its total sales for the year ended January 30, 2021 decline by 14.8% to $5.2bn (£3.7bn) from $6.1bn (£4.3bn) the previous year
![Signet Jewelers](https://www.jewelleryfocus.co.uk/wp-content/uploads/2017/08/h-samuel-e1503649542110-780x470.jpg)
Signet Jewelers has announced that its total operating income for the fiscal year 2020 dropped to $156.4m (£112m) from $318.3m (£228m) as a result of continuous trading disruptions from the Covid-19 pandemic.
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