Resale is becoming an increasingly popular option for socially conscious consumers, but stocks in the sector have plummeted post-IPO.
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The path to profitability: Why some struggling resale names could triumph in the long-run
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Estée Lauder is in talks to merge with Puig amid ongoing turnaround plan
An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021. Costfoto | Future Publishing | Getty Images Beauty company Estée Lauder Companies said Monday that it is in talks with Spanish beauty group Puig to potentially merge the two companies. “No final decision […]
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WNBPA President Nneka Ogwumike says new CBA will have a major impact on players’ bank accounts
The Women’s National Basketball Player’s Association ratified the terms of a new collective bargaining agreement Monday, calling it “transformational” and “bigger than basketball.” The new CBA begins this season and runs through 2032. When asked her opinion of the most important outcome from the deal, WNBPA President Nneka Ogwumike had two words: “Bank accounts.” “Being […]
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Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants
Production of the Toyota Camry at the automaker’s plant in Georgetown, Kentucky. Courtesy Toyota Toyota Motor on Monday announced it would spend $1 billion at two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years. The new investments include $800 million at a plant in […]
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