This post was originally published on this site.The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Author: Lei Takanashi
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Zara Owner Looks to US for Next Phase of Growth
This post was originally published on this site.Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.
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Activist Investor Takes New Stake in Bath & Body Works
This post was originally published on this site.The activist investor is recommending the personal-care and fragrance store chain to explore a sale, claiming it has been undervalued and hampered by unstable management.
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