Disney Ends Talks to Sell Store Chain in Europe
From Bloomberg News
Walt Disney Co. said it had ended negotiations to sell its Disney Store chain in Europe because there wasn’t any interest from retail companies and the business was improving.
Disney Consumer Products Chairman Andrew Mooney said talks to sell the 105 stores ended last week.
The Burbank company said in 2003 that it would sell both the European and North American Disney Store chains because of lackluster performance.
Disney completed the sale of its U.S. and Canadian stores last year to Children’s Place Retail Stores Inc. of Secaucus, N.J.
