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Walmart Launches 'Modern Fashion Brand'

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The retail giant is starting β€œa 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.”. β€œAt Today (Sept.

Branding 263
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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

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Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.

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Fitness Platform Raises $5M For Online Workouts

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Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., the Los Angeles-based alternative asset manager. The round valued the company at about $40 million, NEOU CEO Nathan Forster told the news service.

Online 130
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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

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Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy banks. consumers.

Capital 150
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How TikTok β€˜eGirls’ Helped Create A Multi-Million-Dollar Fashion Brand

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If one were to make a list of products for a cutting-edge fashion brand aimed at capturing the emerging Generation Z market, it is safe to assume that β€œfoxtail keychains” would not make the top 10. And while the brand is often described as β€œpunk,” β€œgoth” and β€œextremely eclectic,” Lynn noted in an interview that she doesn’t see it this way.

Branding 131
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Glossier Brings Shops To Nordstrom

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The brand will only sell its “Glossier You” fragrance, which has become one of the top-rated products on Glossier.com since rolling out in October 2017, CNBC reported. A Nordstrom partnership should help Glossier reach more shoppers who don’t reside close to its Los Angeles and New York stores, per the report.

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Healthcare Tech Company Truepill Raises $75M To Expand

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Truepill , an online pharmacy powering delivery for direct-to-consumer healthcare brands, announced Wednesday (Sept. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC.,

Company 184