»»Istithmar in talks to bring Barneys to ME
Officials from Italian fashion house Prada have met with Istithmar World, a Dubai-based fund that owns the luxury retail chain Barneys, to discuss a partnership that would bring Barneys to the Middle East, reported Bloomberg. Prada CEO Patrizio Bertelli traveled to Dubai and also met the state-owned fund's executives in Milan over the summer. Istithmar bought Barneys last year.
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