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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

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Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July. and Germany.

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

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The court filing took place in Delaware on Monday, April 13. True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. True Religion tried to capitalize on that with its own brand of workout pants.

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Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent

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All eyes in the retail sector are now on Simon Property Group , as the mall giant hauls The Gap into court for failing to pay rent amid the coronavirus shutdown. However, The Gap, like many other retailers, has seen its revenue fall off a cliff since March, when the clothing retailer was forced to shutter stores across the country.

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Funding Could Bring The RealReal To $1B Valuation

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The RealReal , an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares that could put its valuation at $1.06 A Delaware stock authorization filing was discovered by the Prime Unicorn Index.

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Barclays Eyes US Expansion

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In addition, sources say that Barclays is putting more capital behind its U.S. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. accounted for 40 percent of the bank’s profits, and around a fifth of the bank’s capital is allocated to the country. checking account offering.

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Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale

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The deal agreed upon earlier this year called for 1-800-Flowers, which sells flowers and gift baskets online, to purchase the Pmall.com business, or Personalization Mall , from the home furnishing retail company for $252 million. Delaware has a history of rigidity on such deals and has usually held buyers to what they committed to do.

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The RealReal Notches $300M In IPO

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The Prime Unicorn Index discovered a Delaware stock authorization filing, and it was reported at the time that there wasn’t a guarantee that The RealReal would sell the full amount of shares. In other recent The RealReal news, the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue.

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