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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.

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Pandemic Accelerates Social Commerce; Gives Brands New Selling Option

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Through this year’s Levi’s Haus Miami activation, the brand partnered with TikTok influencers Callen Schaub , Cosette Rinab , Gabby Morrison and Everett Williams to create customized denim using Future Finish 3-D denim customization technology. For example, fashion brands have found success on Instagram and its visual strength.

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Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching

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Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. fund Lone Pine Capital reached a preliminary deal to buy around 50 million euros of Auto1 stock from DN Capital , an early investor.

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Life House Tech-Focused Hotel Brand Closes $30M Fundraise

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Additional funds also came from investors David Hamamoto, the former chairman of Morgans Hotel Group, and Jim Ketai, the owner of Detroit’s Shinola Hotel. Previous investors Global Founders Capital, Comcast Ventures and Trinity Ventures also gave money.

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iPrice Group Notches $10M In Series B Investment

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With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Its last announcement for fundraising was in 2018 from the venture capital arm of Line. The platform, as of now, teams with “super apps” such as Home Credit and Line.

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Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud

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There was such a demand for the classes that Emmanuel Babalola, Binance’s Nigerian business manager, said it’ll hold further classes. There are roughly 4,000 traders in Binance’s Nigerian Telegram group. Babalola said Binance intends to open up a fiat on-ramp on the mobile app, too.

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Walmart Will No Longer Carry Danskin Brand

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Walmart will no longer carry Danskin brand apparel products in its stores or on its website, according to New York Post reports from Tuesday (Oct. Danskin is a 135-year-old brand owned by parent company Iconix Brand Group and generating $15.5 The retailer will remove the products from its shelves in 15 months. .

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