Closing In on a Merger: Federated, May Co. Talks Intensify Over Final Price
Federated Stores, amid speculation that a resolution was near in merger talks with May Co., reported strong fourth-quarter and year-end results.
From This Issue
TESTONI REACTS: Italian accessories brand A. Testoni is shifting responsibilities among its executives after Massimo Macchi, who was vice president of sales, merchandising and design, left to become chief executive officer of…
Change is good. Giorgio Armani’s new design manifesto included great jackets and lots of black, while Christian Lacroix presented a daringly toned-down Pucci collection. Consuelo Castiglione, for her part, played with volume for Marni.