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- May 23, 2013
- Updated: 8:31pm
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Man of the moment Riccardo Tisci's dark, sensual designs for Givenchy come straight from the heart, writes Jing Zhang.
Upmarket goods distributor Dickson Concepts (International) has delayed the announcement of 'updates' on its 'international investment' until today.
The last-minute delay, which was not explained by the company, came as speculation intensified the news could be a possible bid for bankrupt United States retailer Barney's.
No directors were available for comment yesterday.
One retail analyst said: 'The whole exercise is about Barney's. If Dickson buys out Barney's, it may cost as much as US$400 million.' He predicted Dickson, which has cash on hand of about HK$1.3 billion, could seek a share placement to fund the purchase of the 13-store Barney's.
Barney's is embroiled in litigation and its Chapter 11 bankruptcy protection will expire on May 5.
