By  on March 19, 2014

It looks like J. Crew Group Inc.’s future might lead to Wall Street rather than Tokyo.

The private equity-owned fashion firm had been in very preliminary talks to be acquired by Fast Retailing Co. Ltd., but as WWD reported Friday, the Japanese giant balked at the $5 billion price tag being bandied around in the press. Numerous reports on Tuesday said the discussions had broken down entirely.

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