Merchandising Officer -- Alexandra Patton Sweeney Re-Joins Zale as Vice President, Divisional Merchandise Manager DALLAS--(BUSINESS WIRE)--August 05, 2008 Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine jewelry in North America, today announced that Mary Kwan, a retail veteran with more than 25 years of merchandising experience, has been named Executive Vice President, Chief Merchandising Officer. Ms. Kwan's responsibilities will include oversight of the merchandising initiatives of all of the Company's brands. She will report directly to Neal Goldberg, Chief Executive Officer. Ms. Kwan, most recently served as President and Chief Merchandising Officer for Goody's Family Clothing, which generated revenues of $1.2 billion in 2007. At Goody's, her responsibilities included managing all aspects of design, merchandising, planning, sourcing and e-commerce activities for the company. Prior to Goody's, Ms. Kwan held senior merchandising positions at Quiksilver Incorporated, Levi Strauss & Company and Lane Bryant. Ms. Kwan is a graduate of the University of San Francisco. "Mary is a seasoned executive with a solid track record of focusing on the customer and building strong merchandising teams," said Mr. Goldberg. "She will be instrumental in developing more compelling assortments that highlight our good-better-best value proposition and ensuring we are connecting with our core customer. Additionally, her specialty retail background will be key as we strive to be the best in diamonds, identify trends and create fresh, distinctive offerings." Zale also announced today that Alexandra Patton Sweeney will re-join the Company as Vice President, Divisional Merchandise Manager of diamond fashion and anniversary bands, reporting to Mary Kwan. Ms. Sweeney has a strong background in specialty jewelry, having served in various senior buying positions for Bailey, Banks & Biddle during the last ten years. Prior to that, Ms. Sweeney was a buyer for Dillards, Inc. About Zale Corporation Zale Corporation is a leading specialty retailer of fine jewelry in North America, operating approximately 2,150 retail locations throughout the United States, Canada and Puerto Rico, as well as online. Zale Corporation's brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. Zale also operates online at www.zales.com and www.gordonsjewelers.com. Additional information on Zale Corporation and its brands is available at www.zalecorp.com. CONTACT: Zale Corporation David H. Sternblitz, 972-580-5047 Vice President and Treasurer
Zale Names Mary Kwan Executive Vice President, Chief
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