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Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

Additionally, the company has replaced CEO Joseph Coradino, a 40 -year company veteran who has served in the top post since 2012, with Jared Chupaila. As part of the reorganization plan, PREIT has gone private and will no longer be reporting to the Securities and Exchange Commission. portfolio of 150+ retail centers.

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Shoppers see sharpest price rises since 2012 as cost of living crisis bites

365 Retail

in January, the highest rate since 2012. Their data also found that non-food inflation, which includes items such as fashion and furniture, rose to 0.9% The post Shoppers see sharpest price rises since 2012 as cost of living crisis bites appeared first on 365 RETAIL | Retail Technology News. in December, to 1.5% in December.

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Luxury Veteran Named Michael Kors CEO, Preps to Move into Top Spot at Parent Company Capri in 2022

Retail TouchPoints

His results-driven leadership style and passion for building consumer-centric global brands will be instrumental in maximizing the full potential of our three luxury fashion houses,” Idol said in a statement. Capri Holdings has uniquely positioned itself as a leading global fashion luxury group,” he added. “I

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Amanda Wakeley fashion label hires administrators

365 Retail

Designer Amanda Wakeley’s eponymous fashion label has fallen into administration after failing to secure a rescue sale. A woman walks past the Amanda Wakeley fashion store in Mayfair, central London, which has gone in to administration (Yui Mok/PA). To this core team and those who have worked at Wakeley over the years, thank you. “I

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The RealReal Founder and CEO Resigns; COO and CFO Step in as Co-Interim CEOs

Retail TouchPoints

She previously served as CMO of The RealReal from 2012 to 2019 and owned Anica Boutique , a fashion and home store. Gen Z in particular is very interested in luxury fast fashion and has no problem with buying secondhand items, making The RealReal’s approach a powerful draw for this growing group of consumers.

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Mickey Drexler couldn’t stay retired, heads up fashion brand

RetailWire

Crew in 2017, is back running the Alex Mill fashion brand business started by his son in 2012. Mickey Drexler is 76 with no plans to retire. Mr. Drexler, who stepped down as CEO of J.

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Nordstrom Takes Stake in Topshop Brands, Launches Joint Venture with ASOS

Retail TouchPoints

since 2012 when it became the first retailer to bring the brand to the U.S. “We could not have found a better partner in ASOS, the world leader in fashion for the 20-something customer and?are The new joint venture will set the stage for a wider strategic partnership in which the U.S. ”