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Analysis: Should Macy’s accept its $8.8 billion acquisition offer

Inside Retail

billion acquisition offer from an investor group composed of Arkhouse Management and Brigade Capital. As Neil Saunders, managing director and retail analyst at GlobalData, noted, “While this would be lucrative for investors, it would not, in our opinion, bode well for the future of Macy’s. How did Macy’s get to this point?

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What Europe’s upcoming ban on unsold textiles means for fashion

Inside Retail

According to the report, global textile production nearly doubled between 2000 and 2015, and by 2030, the consumption of clothing and footwear is expected to increase by 63 per cent from 62 million tonnes today to 102 million tonnes. It is also introducing a ban on the destruction of unsold products, including unsold or returned textiles.

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Retail appointments for the week

Inside Retail

Former Topman managing director joins BooHoo. BooHoo Group has appointed Mitch Hughes as the new managing director of its newly acquired Arcadia Group brands Dorothy Perkins, Wallis, and Burton. Hughes, Topman’s former MD, joined Arcadia in 2015 as the buying director of Burton. He joined BooHoo last month.

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The Very Group Renews DemandTec Markdown Optimisation

Retail Focus

Online retail giant The Very Group will continue to enhance its pricing strategies with DemandTec Markdown Optimisation. The Very Group’s three-year renewal expands upon their collaborative relationship with DemandTec , which extends back to 2015. .

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Can Allbirds make a comeback with a new CEO and transformation plan?

Inside Retail

Co-founded by Tim Brown and Joey Zwillinger in 2015, the company quickly became a hit amongst Silicon Valley-types and raised over US$200 million from venture capital investors, including Tiger Global Management, Lerer Hippeau, and Maveron. Its valuation surged to over US$4 billion on its first day of trading in November 2021.

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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Akeroyd, who took over in April, will present his strategy alongside first-half results that will show the lingering impact of lockdown restrictions in China, Burberry’s biggest market. He has already made his key appointment in choosing Daniel Lee to replace Riccardo Tisci as chief designer at the 166-year-old label.

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Fleeting beauty: Inside the downward spiral of BWX

Inside Retail

Back in time The story starts in 2017, when then-CEO and managing director John Humble went on a bit of a buying spree. To that end, in 2018, Humble, backed by financial director Aaron Finlay and Bain Capital, offered to purchase 100 per cent of BWX’s shares in a management buyout. It’s a long story. That was ultimately the problem.