Jones Apparel near $825 mln Barneys sale: report
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Jones Apparel Group Inc.  is near a deal to sell the Barneys New York department store chain for $825 million to Dubai's private equity firm Istithmar, The New York Times reported on Friday.
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Mid-priced clothing retailer and maker  Jones Apparel Group Inc. JNY.N said on Thursday it was buying  Barneys New York Inc. BNNY.OB in a $400 million deal to boost  its retail business and move into luxury apparel.
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Liz Claiborne Inc  appears to be close to a deal to sell four of its moderately priced clothing brands, the New York Post reported on Thursday.
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Japan's Fast Retailing makes a $900m (Â£448m) takeover bid for US department store chain Barneys New York.
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Privately-owned British fashion retailer New Look may be sold for 2 billion pounds ($3.91 billion) after private-equity firms Apax and Permira received at least three bid approaches for the firm, The Sunday Times said.
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Fast Retailing&#39;s (9983.T) surprise $900  million bid for Jones Apparel Group&#39;s  Barneys New York  underscores the Japanese clothing retailer&#39;s dream to become a  global player and find growth outside its mature home market.
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Another shopper has rung up Barneys New York, the high-end fashion emporium that is being sold to the investment arm of the Dubai government for $825 million.
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Australian retailer Coles Group Ltd. put itself up for sale on Friday after receiving a number of takeover approaches, saying it believed it was worth more than A$18.2 billion ($14.3 billion).
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Jones Apparel Group Inc.  is  nearing a deal to sell its luxury Barneys New York department  store chain to a private equity firm owned by the Dubai  government, according to reports by two news organizations on  Wednesday.
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In a move into the luxury arena, the shoes and clothing company Jones Apparel Group Inc. is buying upscale clothier Barneys New York Inc.
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Jones said the deal is valued at approximately $400 million, including cash consideration of $19 per share to Barneys stockholders totaling $294.
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The Jones Apparel Group, a $4.3 billion clothing company with a middle-brow reputation, is close to making a deal to buying the Barneys chain.
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Fast Retailing's  surprise $900 million bid for Jones Apparel Group's  Barneys New York underscores the Japanese clothing retailer's dream to become a global player and find growth outside its mature home market.
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SYDNEY (Dow Jones)--Upmarket Australian retailer David Jones Ltd. (DJS.AU) Tuesday said earnings for the fiscal year ended July 31 swung to a net profit of A$65.
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The Jones Apparel Group is near a deal to sell Barneys New York for about $825 million to an investment arm of the Dubai government.
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NEW YORK -- Apparel retailers are hoping their back-to-school fashions will make the grade among style-conscious teens and young adults this fall, but it could be a tough sell, with students and parents keeping a tighter hold on their wallets.
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Online closeout retailer Overstock.com Inc. said Thursday that it will sell 1.2 million common shares at $57.53 apiece for proceeds of about $65.3 million.