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Business

Nordstrom shareholders approve merger proposal

Shareholders of Nordstrom have approved of the US department store’s proposal to go private. The shift will come as part of a merger agreement between Navy Acquisition Co. and Delaware-based Norse Holdings, under which Nordstrom will operate as a wholly owned subsidiary. The matter was voted on during a Special Meeting of shareholders, for which...

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Business

Unwrapping in 2025 – Eyebrow raising IPOs: From Shein’s controversy to Nordstrom’s private pursuit

The landscape of IPOs has twisted and turned over the last year as the market undergoes continued challenges. Yet, this landscape has seemingly not made the pursuit of a public listing any less appealing to those hoping to bolster their positioning. FashionUnited takes a look at what is on the horizon as the biggest stories of this year continue...

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