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REPORT: Uniqlo's Parent Company Is In Talks To Buy J. Crew

Ashley LutzMar 1, 2014, 02:37 IST

J. Crew/Facebook

Japan's Fast Retailing is in talks to buy J. Crew, according to a report by the Wall Street Journal.

J. Crew is seeking as much as $5 billion in the deal.

The companies are in early talks, and the negotiations might not advance, according to the report.

We'll update this post as we know more.