Detailing the Defense: Morgan Stanley Sues LVMH for $11.8 Million
Morgan Stanley countersues LVMH for $11.8 million, citing damages caused by proceedings it considers ‘abusive.’
From This Issue
NEW YORK — Sears, Roebuck & Co. was expected to receive by last Friday at least five preliminary offers to buy its credit card portfolio for up to $6 billion, according to a Reuters report citing anonymous sources close to Sears.
CANNES IN THE CAN: The 11-day festival ended Sunday on a fashionable note, with Elizabeth Hurley, Monica Bellucci, Dame Elizabeth Taylor and Meg Ryan making trips up the Palais steps in style. Among the highlights:
The Fashion Fete: The French…
NEW YORK — Like their less physical counterparts, sporting goods retailers had limited success hurdling the tepid economy, war in Iraq and lousy spring weather during the first quarter.
Generally, comparable-store sales finished below…