Variety reports out an interesting take on the record-breaking sales of Harry Potter and the Deathly Hallows:
While the book and movie businesses are structured very differently, dollars the franchise generated domestically this weekend for its creator and distributor surpass what a studio might take in for a hit tentpole. Publishers typically sell books Read More
"It's a madhouse here." So quoth a flack at Scholastic, the publishers of the eagerly awaited Harry Potter and the Deathly Hallows, the seventh and final book in the series by J.K. Rowling.
With three days, six hours, 26 minutes, and 12 seconds until the book goes on sale in bookstores midnight on Friday night, Read More
Fast Retailing Inc., the Japanese retail giant that owns the UNIQLO chain of cheap-chic clothing stores and which put together a $900 million bid to buy Barneys New York from the Jones Apparel Group, downgraded its forecast for the third time this business year.
According to Reuters:
Having built up an empire of more Read More
WWD is reporting that two investment firms from the Middle East could drive the bidding for Barneys as high as $1.8 billion. We're not so familiar with the Qatar Investment Authority, but the other, Istithmar (a royal-family owned firm from Dubai) has been all over New York lately.
In April 2006, it acquired Six Read More