Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile and that it has lowered its guidance for full fiscal year 2023. With the acquisition...
Following up on the heels of its February decision to go private, online jeweler and diamond seller Blue Nile has named a new chief executive officer. Jason Goldberger will now serve as Blue Nile CEO and president, replacing Harvey Kanter, who will be staying on as a...
An investor group made up of Bain Capital Private Equity, Bow Street and Adama Partners completed the acquisition of online diamond and jewelry retailer Blue Nile, making it a privately held company. According to Forbes, the sale was completed last week for $40.75 per share in...
Nearly a year and a half after it opened its first brick-and-mortar store on Long Island, online jewelry retailer Blue Nile has opened its fifth store in Bellevue, Washington, near its headquarters. Despite its main success through online jewelry sales, the 17-year-old company sees value in...
September 01, 2022
Signet Jewelers reported a slight drop in quarterly sales Thursday (Sept. 1) but said it is positioned to keep making investments like its recent purchase of online jeweler Blue Nile. “Adding Blue Nile to our strong and diversified portfolio of banners will further drive our Inspiring Brilliance growth strategy — expanding customer choice, building new […]
August 09, 2022
Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile...
February 20, 2017
An investor group made up of Bain Capital Private Equity, Bow Street and Adama Partners completed the acquisition of online diamond and jewelry retailer Blue Nile, making it a privately...
November 08, 2016
Blue Nile, the online jewelry eStore, announced Monday (Nov. 7) it is going private via a deal in which it will be acquired by an investor group made up of...
