Famous for her “I’m Not A Plastic Bag” Anya Hindmarch’s fall collections slogan reads “Girls need bags.” The slight difference between the two bags is $460 aka 144 lattes:Then there is her $400 tote bag which highly resembles a bag your mom would buy in China town to carry her yarn and knitting needles:Another bag you most likely wont have any interest in carrying, Moschino’s Leather Doggy Bag which retails for $1400:I really want to know how many of these they sell and if they sell I HAVE to meet one of the buyers just so I can say “WTF is wrong with you?”read more
The bidding for high end retailer, Barney’s New York, owned by The Jones Apparel Group, has been ongoing for months now. Barneys is currently in a definitive agreement with Istithmar, a Dubai based private equity and alternative investment house for $825.0 million in cash. However today it is reported that fast Retailing Co. Ltd. submitted a definitive proposal on to acquire Barneys New York from Jones Apparel Group for $900 million in cash. The current agreement with Istithmar remains in full force and effect.
If Jones were to end its agreement with Istithmar, it would be required to pay the Istithmar affiliate a termination fee of $22.7 million.
Stay tuned to find out who ends up purchasing the lovely store! Any thoughts on preference of purchaser?
Source and Photo Cred: WWD and bridgeandtunnelclub.comread more
Photo Cred and Source: International Herald Tribueread more