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Yup, it has been confirmed by Arabian Business Magazine (And Yes I do read non-fashion related magz) Barneys New York, the luxury department store chain, has been sold for $825 million to a Dubai-owned private equity firm "Istithmar" while considering other offers for the chain or the entire company. Under the agreement with Istithmar, Barneys NY can weigh other offers made by July 22, and it can explore bids for the whole company through August 11. Barneys NY would have to pay a breakup fee of $20.6 million if it terminates the deal before July 22, and $22.7 million after that.
- "Burberry" at Al Raya Complex are having up to 40% sale.
- "Designers Lounge" at Salhiya Complex, Mezzanine 1, have started their sale.
- "M Missoni" at Al Raya Complex are having 50% off.
- "Whistles", at Al Raya Complex, are also having 50% off and I found some really nice casual pieces for the summer AND winter.
- "Furla" at Al Raya Complex are having 20% off and I found a very elegant pair of canvas and mock croc green & yellow shoes.
- Cole Haan is now available at Villa Moda Shuwaikh next to Jeans Bar.
- And what's better than Net-a-Porter's Sale Extravaganza? Snap up the good stuff before anyone else!
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hehe.. Thanks for your support. It's good to be well rounded. :)
Everyone's busy these days.. It's all about Time Management.
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