Signet’s Take on Market Share

There were some interesting nuggets in yesterday’s investor presentation from Signet, particularly this chart on U.S. market share in the specialty jeweler market:

  1999 2009
Signet 4.9% 9.4%
Zale 6.4% 5.1%
Tiffany 2.8% n.a. (5.2% in 2008)
Blue Nile 0.1% 1.0%

Signet CEO Terry Burman estimates that Berkshire Hathaway group (Helzberg/Ben Bridge/Borsheims) has a 2 ½ percent market share, and Fred Meyer has a 1 ½ percent share.

JCK News Director