British DIY chain Kingfisher eyes French peer Mr Bricolage
London - AFP
Kingfisher, Europe's biggest home-improvements retailer, announced on Thursday that it was in exclusive talks to buy Mr Bricolage to build upon its already strong presence in France. Kingfisher, which owns French home-improvement chains Castorama and Brico Depot as well as B&Q in Britain, said terms of a proposed deal valued Mr Bricolage at about 275 million euros ($378 million), including debt, A statement issued by the British group said Kingfisher had "entered into exclusive negotiations with the principal shareholders of Mr Bricolage... to acquire their shareholding". Kingfisher chief executive Ian Cheshire said the purchase "would add a third, complementary strong business alongside Kingfisher's existing two successful brands in France".
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Paris - Emiratesvoice
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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