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Walmart Launches 'Modern Fashion Brand'

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The retail giant is starting “a fashion essentials-inspired brand for both men and women created by our in-house design team,” the company said in a news release. At its core, this new brand is born from thoughtful, simple design, quality fabrics, modern silhouettes and styles updated for today.”. “At Today (Sept.

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Inspire Bets $11.3B That Its Brands Can Run On Dunkin’

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Private equity-backed Inspire Brands will be buying Dunkin' Donuts and bringing it private for a whopping $11.3 Dunkin’ Brands CEO Dave Hoffmann noted the acquisition was a testament to the progress Dunkin’s had made and maintained during the global pandemic leaving the brand “stronger than ever.”. “We Inspire’s Many Brands .

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Tailored Brands Might Seek Bankruptcy In Q3

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Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing with the U.S. Tailored Brands said the pandemic had a significant effect on its business, as has been the case with a number of merchants. Securities and Exchange Commission (SEC). “We

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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

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Designer Brands Inc. million in the first quarter of fiscal year 2020, compared to the same period the previous year. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. million in the first quarter of 2020 from Q1 2019’s $451.3

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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

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has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Bed Bath & Beyond Inc.

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Pandemic Leads D2C Pet Brands To Navigate Digital Shift

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It is a $75 billion industry dominated by millennials and ripe with opportunity for direct-to-consumer (D2C) brands. and European Union markets with a D2C product for cats. “I think this is actually going to be the model for B2C pet brands,” he says. You can’t compete without a strong brand. Brick-and-mortar sales in the U.S.

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Under Armour Forecasts Sales Declines In 2020

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The sportswear company also said it could see an impact of as high as $60 million in lost sales from the coronavirus in Q1 of fiscal 2020, CNBC reported. Those brands have reportedly made workout gear that is more fashionable, but Under Armour has remained focused on performance. .