Ratner Seeks to Buy Back UK Jewelry Empire

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sâmbătă

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Gerald Ratner, the businessman known for his infamous total crap comment that cost him his jewelry empire, is now seeking to buy back the UK arm of that company. At 76, he aims to acquire H Samuel and Ernest Jones from Signet Jewelers, claiming the UK division is losing money under current management. Ratner believes the American owners are mismanaging the UK business and plans to focus on lower-priced goods if he succeeds in his acquisition attempt.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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