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Topshop relaunch on horizon: What to expect from the once prevalent high street brand?

Topshop and Topman (TSTM), once known for their trend-driven, high street-boosting formula, could be on the way to reclaiming this status under the watchful eye of a new majority owner and industry veterans. Its hint of a “return” via social media, after years of operating solely under the scope of Asos’ own e-commerce site, has sparked renewed...

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Epoch Biodesign closes a round of 18.3 million dollars, with participation from Inditex

Disruptive British start-up Epoch Biodesign has announced the closing of a Series A financing round of 18.3 million dollars, with contribution from Spanish fashion giant Inditex. The new capital will be used to scale up the start-up’s current textile biorecycling solutions, with the construction of a first plant for commercial-scale production...

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Boots owner WBA agrees to 23.7 billion dollar buyout deal

Walgreens Boots Alliance (WBA), the parent company of British pharmaceutical chain Boots, has come to a definitive agreement to be acquired by a subsidiary associated with private equity firm Sycamore Partners. The deal, with a transaction valued at 23.7 billion dollars, will ultimately take WBA private, removing the company’s listing from the...

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Trump partially suspends tariffs against Mexico and Canada

US President Donald Trump has backtracked somewhat in the trade conflict with Canada and Mexico. The Republican partially suspended tariffs on goods from the two neighboring countries - at least for the time being. All imports from Mexico and Canada that fall under the North American Free Trade Agreement (USMCA) will therefore not be subject to...

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