JONES SHARES RISE: Shares of Jones Apparel Group Inc. closed Thursday up 3.7 percent to $34.74 following a report in WWD that said the company could be sold in parts and that tentative “feelers” have been extended to various parties regarding their interest in the Nine West group and the upscale specialty chain Barneys New York. The company declined comment Wednesday.
PINAULT BUYS VINCI STAKE: French entrepreneur François Pinault, who owns Gucci Group, has taken a 5.1 percent stake in the BTP Vinci construction and concessionary business for about 1.1 billion euros, or $1.42 billion at current exchange. “It’s a great company,” said a spokeswoman for Pinault, who made the acquisition via his Artemis private holding company. When asked if Pinault would consider a play for control of BTP Vinci, the spokeswoman said, “All of our future options are open.” Pinault, who made his fortune in lumber, has yet to declare whether he intends to raid French utilities giant Suez. The French stock market watchdog has given the billionaire businessman until Feb. 2 to state his intentions.
VERY VREELAND: Store fixture and mannequin company DK Display is sponsoring an exhibit of paintings inspired by Diana Vreeland by artist-cum-visual merchandising consultant Stewart Lucas. Titled “D.V. — All The Rage,” the 12-piece series explores the various bon mots by the legendary Vogue editor in chief. The twist here? Lucas has updated Vreeland’s famous one-liners, making them relevant to the state of affairs in the world today. “Why Don’t You Turn Your Old Ermine Coat Into a Bullet-Proof Vest?” reads one, while another boldly claims “Terror is the New Black.” “I’m using her as a vehicle,” said Lucas, “as a satirical commentary on leaders in general and their advice. I wondered, if she were alive today, what she would think?” “D.V. — All The Rage” is on view until Jan. 31 at DK Display at 147 West 25th Street in New York.