Credit watchdog Moody's downgraded the debt backing J. Crew to “Caa2” from “B3.”
The red-hot merger and acquisition market is continuing into 2006 with Eddie Bauer the latest target in the sights of strategic and financial players.
The Sports Authority said it agreed to be acquired by an investor group affiliated with Leonard Green & Partners for $1.3 billion, or $37.25 a share.
A brief look at some of the day’s stories.
To convince someone like Jack Welch to write a column for you, it helps if you have some kind of preexisting relationship.
Could Paul Deneve, who exited as Nina Ricci’s president last October, be headed to Lanvin?
Monaco-based jeweler Alberto Repossi said he has bought 2 percent of Italian fashion group IT Holding SpA and stated that he wants to form a partnership with the company to develop new product lines.