Brian Robbins

Fast Retailing Buys 80.1% Stake in J Brand to Grow U.S. Presence

Leading Japanese retail holding company Fast Retailing has decided to buy an 80.1 percent stake in U.S. denim maker J Brand Holdings from Star Avenue Capital and J Brand management for a total consideration of $290 million.

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UPS, TNT initiate Remedial Steps to Actualize Merger Plan

The world's biggest package-delivery company United Parcel Service Inc. (UPS), is reviewing its $6.7 billion purchase of TNT Express NV to ensure compliance with the anti-trust regulations in European Union. UPS would have doubled its size in Europe with the buyout.

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