fashion + beauty + insider interviews + est 2006

Friday, July 06, 2007


must be nice to have people fighting to give you millions. howard socol, ceo of barneys ny. (

my head is spinning. just when you thought the random company from the middle east had snapped up barneys - another company has emerged to snap up barneys new york: the owners of uniqlo. they are officially called fast retailing ltd and are willing to put up 896 million, which beats what the dubai-based investment company did which is, 825 million. so far, jones apparel group, which currently owns barneys, has remained mum on which investors they'll go with. either way this new york icon is shapeing up to have some very foreign parents.

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