Wal-Mart Eyes Tommy Hilfiger Acquisition
Although the embattled apparel marketer is operating in the red, to Wal-Mart it represents a chance to draw more upscale shoppers and better compete against Target Stores, which features fashion lines by well-known designers such as Mossimo Giannulli and Isaac Mizrahi.
http://adage.com/news.cms?newsId=46182
Comments
in the red despite sweatshop labor, huh? maybe they should train orangutans to sew...