SYDNEY (Reuters) — South Africa's Woolworths Holdings Ltd's $200 million bid to buy out Australian retailer Country Road Ltd shareholders was fair and reasonable, an independent expert said on Monday.
Woolworths welcomed the findings, which will help ease any shareholder concerns that it paid too much for the Country Road stake in order to remove a potential obstacle to its bid to take over Australian department store chain David Jones Ltd.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)