Shares of Signet Jewelers Ltd. rose 5.6 percent in morning trading Thursday as the operator of the Kay and Jared chains exceeded fourth-quarter earnings expectations and raised its quarterly dividend.
The company reiterated its projection that its acquisition of Zale Corp. for $1.4 billion in cash, subject to Zale shareholder approval and other conditions, would be concluded by the end of the calendar year.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)