Korea’s E-Land says no interest in buying J.Crew apparel chain

04-Mar-2014 Intellasia | Reuters | 6:00 AM Print This Post

South Korean fashion conglomerate E-Land Group is not interested in buying US apparel chain J.Crew Group Inc and has not considered it in the past, a spokesman for E-Land said on Monday.

People familiar with the matter had told Reuters that Uniqlo parent Fast Retailing Co Ltd and South Korea’s E.Land Group were separately exploring a deal for J.Crew, which was taken private in 2011.

http://finance.yahoo.com/news/koreas-e-land-says-no-234523796.html

 


Category: Korea

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