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Uniqlo Parent Company Pulls Out Of Potential J. Crew Deal

The Huffington Post - 18 Mar 2014 23:41
Uniqlo Parent Company Pulls Out Of Potential J. Crew Deal NEW YORK - Japan's Fast Retailing Co Ltd , parent of apparel chain Uniqlo, is no longer in talks to buy U.S. clothing retailer J.Crew Group Inc from its private equity owners, three people familiar with the matter said on Tuesday. The talks ended in recent weeks, the people said, adding that an initial public offering for J.Crew is still on the table. It is possible that the talks with Fast Retailing may be revived, one of the people said. J.Crew, which was taken private by TPG Capital LP and Le...
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