Monday, October 13 - 2008

Barneys could come to Mideast

United Arab Emirates: Tuesday, July 24 - 2007 at 07:22

Dubai's Istithmar could launch Barneys New York in markets such as China and the Middle East if it completes a deal to buy Jones Apparel Group, Reuters reported. Istithmar agreed to pay $825m for Jones, which owns clothing, shoes and accessories brands such as Nine West, Gloria Vanderbilt and Jones New York. Japan's Fast Retailing then offered $900m in an unsolicited bid.

James McInerney James McInerney, News Editor
Tuesday, July 24 - 2007 at 07:22 UAE local time (GMT+4)

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