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Fast Retailing drops Barneys bid

Indiaretailing Bureau -
Japan's Fast Retailing has pulled out of the race to buy US store chain Barneys, clearing the way for Dubai's Istithmar to acquire the business. Fast Retailing withdrew its bid after Istithmar raised its bid for the clothes retailer...
Retail

Fast Retailing offers $900 million for Barneys

Indiaretailing Bureau -
Japan's Fast Retailing, parent firm of Uniqlo, has finalised its $900 million (£443 million) bid to buy upmarket US department store chain Barneys New York. “The bid, a day after an extraordinary board meeting, is conditional on a mutually acceptable...
Retail

Fast Retailing places bid for Barneys

Indiaretailing Bureau -
Japan’s apparel major Fast Retailing has made a $900 million (£448 million) takeover bid for US department store chain Barneys New York. The offer comes two weeks after Barneys’ owner Jones Apparel agreed to sell the business to Dubai...
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