Shareholders of Eddie Bauer Holdings Inc. (EBHI) rejected a $286 million buyout 
offer from two firms last Thursday. The offer was for $9.25 a share and as of this writing the company's stock is trading at $8.98. Read more about it at The New York Times. If that wasn't enough, the CEO of the company, Fabian Mansson, resigned on Friday. Read more at Reuters.
Charlotte Neuville, the head designer for Gap North America (GPS) has left the company...So the search continues for top positions at Gap. Anybody willing to take the challenge? Read more at Women's Wear Daily.
The Wall Street Journal Online has a great new blog called Heard on the Runway ...
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