Signet jewelers announces strategic acquisition of blue nile, inc. and updates fy23 guidance

Strengthens leadership in bridal and accessible luxury accelerates connected commerce capabilities and digital reach hamilton, bermuda , aug. 9, 2022 /prnewswire/ -- signet jewelers limited ("signet" or the "company") (nyse: sig), the world's leading retailer of diamond jewelry, today announced it has signed a definitive agreement to acquire blue nile, inc. ("blue nile"), a leading online retailer of engagement rings and fine jewelry, for $360 million in an all cash transaction. blue nile delivered revenue of more than $500 million in calendar year 2021.
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