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Tag: deal

Boohoo sets out how it will deal with ‘substantially true’ supply chain allegations of poor working conditions and low pay

Image courtesy of Boohoo Group Allegations of poor working conditions and low rates of pay in Leicester factories serving the Boohoo Group are “not merely well-founded but substantially true”, according to the independent review that it commissioned into its business in response to allegations this summer.   The company’s monitoring of its Leicester supply chain …

Boohoo sets out how it will deal with ‘substantially true’ supply chain allegations of poor working conditions and low payRead More

Tiffany-LVMH deal clears two important hurdles

Get great content like this right in your inbox. Subscribe The tentative $16.2 billion purchase of Tiffany & Company is closer to reality. Tiffany stockholders have voted to approve adoption of the purchase agreement and plan of merger with France’s LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury goods company. The November 2019 transaction, …

Tiffany-LVMH deal clears two important hurdlesRead More

Tiffany-LVMH deal clears two important hurdles

Get great content like this right in your inbox. Subscribe The tentative $16.2 billion purchase of Tiffany & Company is closer to reality. Tiffany stockholders have voted to approve adoption of the purchase agreement and plan of merger with France’s LVMH Moet Hennessy Louis Vuitton, the world’s largest luxury goods company. The November 2019 transaction, …

Tiffany-LVMH deal clears two important hurdlesRead More

Forever 21 in deal to sell itself for bargain price of $81 million

Forever 21 is looking to sell its retail business to a group that includes two of its biggest landlords. According to documents filed in bankruptcy court, the fast-fashion chain has reached an agreement to sell its assets to a group of buyers that includes Simon Property Group Inc., Brookfield Property Partners and licensing firm Authentic …

Forever 21 in deal to sell itself for bargain price of $81 millionRead More

Forever 21 in deal to sell itself for bargain price of $81 million

Forever 21 is looking to sell its retail business to a group that includes two of its biggest landlords. According to documents filed in bankruptcy court, the fast-fashion chain has reached an agreement to sell its assets to a group of buyers that includes Simon Property Group Inc., Brookfield Property Partners and Authentic Brands Group …

Forever 21 in deal to sell itself for bargain price of $81 millionRead More

Retailers welcome trade deal but want more

President Donald Trump signed a partial trade agreement with China on Wednesday that marks the first step to curb the 18-month-plus trade war between the world’s largest economies. The National Retail Federation said it welcomed the signing of the “phase one” trade agreement between the two countries, but said work remains to be done to …

Retailers welcome trade deal but want moreRead More

Bed Bath & Beyond shares jump on real estate deal for $250 million

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond shares jumped nearly 3% Monday morning after the retailer said it had completed a sale-leaseback transaction with an affiliate of Oak Street Real Estate Capital, netting it $250 million in proceeds. The embattled …

Bed Bath & Beyond shares jump on real estate deal for $250 millionRead More

Mavericks player Doncic signs Nike deal to endorse Air Jordan line

Luka Doncic #77 of the Dallas Mavericks warms up before the game against the Toronto Raptors on December 22, 2019 at the Scotiabank Arena in Toronto, Ontario, Canada. Mark Blinch / NBAE / Getty Images Twenty-year-old Dallas Mavericks player Luka Doncic, who is originally from Slovenia, grew up admiring Michael Jordan — as many do. …

Mavericks player Doncic signs Nike deal to endorse Air Jordan lineRead More

Expert Opinion: Trade ‘Deal’ Bluster Vs. Retail Realty

The contentious trade war between the United States and China has been filled with mountains of rhetoric and promises. It should come as no surprise then that trade deal announced on Dec. 13 would be any different. Little details were revealed and big promises given, but the pledge by President Donald Trump not to raise more …

Expert Opinion: Trade ‘Deal’ Bluster Vs. Retail RealtyRead More

Ocado product range ‘will be bigger and better’ under M&S deal | Business

Ocado has said its product range will be 50% bigger and offer lower prices and better quality products when it switches from Waitrose to Marks & Spencer next year. The online grocer’s finance chief, Duncan Tatton-Brown, said it will stock 6,000 M&S products, compared with the 4,000 it sells as part of its supply deal …

Ocado product range ‘will be bigger and better’ under M&S deal | BusinessRead More