Signet, Kate Spade Earn Top Specialty Retail Marks

Signet Jewelers (SIG), which recently closed its acquisition of Zale, was named by Sterne Agee as its top specialty retailer for June in a report released Tuesday morning. Sterne Agee analyst Ike Boruchow said “there is meaningful accretion potential” from Signet’s $1.46 billion Zale buyout, which closed on May 29. The deal created one of the world’s biggest specialty jewelry retailers, with more than $6 billion in yearly sales, and is expected to

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