Former SEC Chair Doubles Zale Stake
January 03, 08
Breeden Capital Management has increased its holding in Zale to 13.3 percent, the jewelry retailer reported in a Securities and Exchange Commission filing.
Breeden Capital is the investment firm of former
The investment comes at a rocky time for Zale. It replaced its CEO Betsy Burton during the height of the holiday season, placing former Children’s Place president Neal Goldberg at the helm.