GERMANY: Escada downgraded as Apax abandons talks
Luxury fashion group Escada has downgraded sales and earnings forecasts for 2008 – while private equity company Apax Partners has abandoned plans to buy a stake in the company.
Luxury fashion group Escada has downgraded sales and earnings forecasts for 2008 – while private equity company Apax Partners has abandoned plans to buy a stake in the company.