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Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Jewelers face higher risk in diamond supply, price volatility and demand

November 9, 2011

DeBeers's managing owner, Nicky Oppenheimer, said the family has sold its shares in the business to AngloAmerican, which will control about 85% of the legendary diamond group. According to the JCK report, AngloAmerican “has embraced modern corporate governance, and is considered well-run and professional.” That is business speak for maximizing shareholder value, which means selling a lot more diamonds at today’s inflated prices at retailers like Zale, Signet, Tiffany, Blue Nile and Birks & Mayors.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Young Billionaires Capitalize on New Consumer Norms

September 23, 2011

The Forbes 400 | www.forbes.com

Whether by design or luck, consumers’ need for safety and belonging appears to be the force behind some of America’s newest fortunes.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Is Zale in Recession?

September 8, 2011

One year after Zale began its fourth (or is it fifth or sixth?) turnaround attempt since 2003, the company’s newest and least experienced management team seems headed for mediocrity at best, and failure at worst, as pricing decisions catch up with management.  Managers cannot be held accountable for inflation, speculation, or underlying changes in the economy, but they are responsible for planning, pricing, assortments, inventory levels and positioning strategy.

Louis BilkaPresidentCommunications Two Group What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Selling Magazine Subscriptions on Mobile Devises

May 10, 2011

Condé Nast to Sell Subscriptions on iPad | www.digidaydaily.com

This analysis deals with the use of mobile devises to sell magazine subscriptions, changes in revenue models, the good and bad points of going after this type of audience.

James MeyersChief Executive Officer Alpha Media What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

The Multichannel Cord Cutting Mystery

February 8, 2011

Hulu Reworks Its Script as Digital Change Hits TV - Hulu Online Cable Move? | online.wsj.com

1. To what extent does the "cord-cutting" phenomenon present a credible threat to the pay TV industry; or has the trend been oversimplified, overhyped and overstated.2. The digital terrestrial transition of 2009 drew many former over-the-air only viewers into the pay TV fold as the multichannel players, such as Comcast, Time Warner Cable and DISH, offered great incentives.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Putting Zale’s (ZLC) Challenges into Context

January 9, 2011

Investors cautious on Zale as sales report nears | www.dallasnews.com

As Zale prepares to announce November and December sales, what seems important is to put 2010 events into context. Here is more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Zale (ZLC) Ranked Riskiest Retailer

October 14, 2010

Zale records $45.8 million in charges related to credit risk | m.dallasnews.com

Once America's number 1 retail jeweler, Zale now has the distinction of being Forbes' number one riskiest retail investment. Here is more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Zale (ZLC): Is the End In Sight?

September 30, 2010

Zale CEO Discusses F4Q2010 Results - Earnings Call Transcript | seekingalpha.com

Despite new capital, a new board, and a new CEO, Zale still faces the same product, merchandising, value, and positioning problems that created the liquidity crisis in January 2010. Here is more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Will Golden Gate Get It Wrong by Investing In Zale (ZLC)?

July 24, 2010

Zale shareholders expected to OK Golden Gate Capital plan | m.dallasnews.com

With the economy softening, Golden Gate has big decisions to make before investing in Zale. Here is more.

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Movado (MOV) Struggles to Find Its Place In a Changing Market Place

June 24, 2010

Movado taps Faranda for new senior VP post | www.nationaljewelernetwork.com

Movado continues to struggle, here are some reasons why.

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