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Shareholder of Hong-Kong's I.T moves to privatise retailer

2020-12-07 14:02:00| Daily apparel & textile news and comment - from just-style.com

The majority shareholder of Hong Kong apparel retailer, I.T., has teamed up with a private equity fund to privatise the retailer after it suffered mounting losses due to the Covid-19 pandemic.

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Stein Mart to relaunch as online-only retailer following $6m takeover

2020-12-03 11:17:00| Daily apparel & textile news and comment - from just-style.com

Stein Mart is to relaunch as an online-only retailer early next year after being snapped up by Dressbarn-owner Retail Ecommerce Ventures (REV) at a bankruptcy court auction for US$6.02m.

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Telstra to become an energy retailer as company restructures

2020-11-25 01:00:00| Total Telecom industry news

In early November, Telstra announced plans for its biggest restructure since privatisation, splitting into three legal entities: InfraCo Fixed, owning and operating Telstra's physical infrastructure assets such as ducts, fibre, data centres, subsea cables, and exchanges; InfraCo Towers, owning and operating Telstra's physical mobile tower assets; and ServeCo, Telstra's retail business.    Telstra believes that the reshuffle…read more on TotalTele.com »

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Geek Retreat: Retailer of 'all things geeky' to open 100 new shops

2020-10-19 15:47:11| BBC News | Business | UK Edition

Games and entertainment retailer Geek Retreat says loyal customers helped it thrive in lockdown.

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US apparel retailer bankruptcies among top in 2020

2020-10-19 14:12:00| Daily apparel & textile news and comment - from just-style.com

Apparel and footwear companies are amongst the three retail industries to have suffered the most this year through bankruptcies as a result of the pandemic, new figures show, with the outlook remaining bleak.

Tags: top apparel retailer bankruptcies

 

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