New Year, More Deals: Spin-off Speculation Surrounds Gap, Limited
Restructurings appear to be in the air at both Gap Inc. and Limited Brands Inc.
From This Issue
The proposed merger of CVS Corp. and pharmacy benefits manager Caremark Rx Inc. has received the go-ahead from Caremark’s board, which turned town a hostile $26 billion bid from Express Scripts Inc., citing “insurmountable antitrust risks.”
Designers have always been coy on the subject of liquidating unsold merchandise, and off-pricers have played along by keeping brand names out of their advertising and marketing efforts. But the Web has removed the mystery from discounted designer…
Tara Jarmon knows how to collaborate. After teaming up with Target for its Go International program, the French designer tapped German painter Peter Zimmerman to design a limited collection that will be unveiled at the Emmanuel Perrotin Gallery in…