Entering administration, the enterprise was subsequently rebuilt, bringing its store count again to 24. Once a bastion of Melbourne fine jewelry retailing, it was based in 1934 by Leo and Rae Beville and has been within the arms of three generations of their household since, with granddaughter Michelle now CEO. In 2010 Shiels, owned by Transworld Enterprises, was the seventh-largest retail chain and 10 years later it has expanded from 31 stores to 36.

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This is the second main acquisition for Signet in lower than a year, following last fall’s buy of the regional, 25-store Diamonds Direct chain for $490 million. During the hustle and bustle of the holidays, it’s simple to forget that, for all of those people, the real miracle is that they’re moving ahead. It’s our job to guide them gently via this course of, not rush them alongside. In truth, the caring consideration you …