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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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G-III Apparel Group Reports 26.7 Pct Drop In Net Sales

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G-III Apparel Group , whose owned brands include DKNY and G.H. Bass brands suffered. As the developments associated with the COVID-19 pandemic continue to be fluid and there is significant uncertainty related to its impact, the Company is not currently providing any additional guidance,” management said in an announcement. “As

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Benetton Group Teams With Retail Intelligence Firm EDITED

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Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As With a historical bank of data, we’re able to adjust our pricing architecture and thus refine our assortment.”.

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Special K, Other CPG Brands Step Up D2C Efforts

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20 for its Special K brand. The flavors were “inspired” by Twitter conversations the brand had with consumers. There is a gold mine in DTC if one is not solely occupied in selling goods, but in authentically understanding needs,” says Michael Forhez , global managing director of consumer markets at Oracle Industry Solutions Group. “If

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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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FMCG Data Startup Convert Group Notches €1.2 Million

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To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 The startup offers software-as-a-service (SaaS) to let brands know how they are performing throughout eCommerce, according to reports. million in seed funding.

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Data Leak Discovered In Marriott’s Management Company

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A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report. The company said it contacted the hotel group about the breach.