Tuesday, July 31, 2007

Fashion news

  • Andrea Leon Talley (ALT) Editor at Large for Vogue magazine will be honored with the Fashion Oracle Award Oct. 25. The award is being sponsored by Lord and Taylor
  • Fast Retailing Co, a Japanese equity firm has submitted a bid to acquire Barneys from the Jones Apparel Group for a reported $900 million dollars cash. They are the second company to show interest in acquiring the upscale store. In June, Istithmar (private equity firm based in Dubai) entered a definitive agreement for $825 million dollars cash.
  • Tumi is setting its sites on women handbags. The company will open a stand alone womens handbag shop on Madison and 82nd street in NY around September.

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