News

Zale contemplates a restructure

The company has sought assistance from Rothschild - an investment bank

diamond world news service

Zale Corp., which has recorded losses in the past seven consecutive quarters and reportedly even canceled some orders in the current Christmas season, is now considering a restructuring according to media reports. It has sought the assistance of investment bank – Rothschild for the same.

The step to restructure follows the company’s stance to re-evaluating its options of business in the year ahead.


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