The Race to Be Bigger: After Losing Field’s, Federated Keen to Buy
Federated is still on the hunt. After losing its bid for Marshall Field’s to May Department Stores, Federated Department Stores remains eager to make acquisitions — and it could even snare a prize such as Neiman Marcus.
From This Issue
TIME TRAVELERS: Cartier, Alfred Dunhill and Montblanc will be among 10 watchmakers to show “Montres et Merveilles,” an exhibition on fine watchmaking in Beijing.
Organized by Compagnie Financière Richemont AG, which owns…
WRAPPED UP: A Versace spokesman confirmed on Friday that the company has completed its planned debt-restructuring initiative through Banca Intesa and Versace will fully reimburse 100 million euros, or $121.7 million at current exchange, worth…