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Fashion

Activist Investor Calls for Hudson's Bay to Sell Saks, Go Private

NEW YORK, United States — Activist Land & Buildings Investment Management said it may call for new directors at Hudson’s Bay Co. if the company ignores suggestions for unlocking value, including selling off Saks Fifth Avenue and potentially going private in a management-led buyout. “If we do not see substantive progress on a plan to close the gap to underlying ...

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Activist Investor Calls for Hudson's Bay to Sell Saks, Go Private

NEW YORK, United States — Activist Land & Buildings Investment Management said it may call for new directors at Hudson’s Bay Co. if the company ignores suggestions for unlocking value, including selling off Saks Fifth Avenue and potentially going private in a management-led buyout. “If we do not see substantive progress on a plan to close the gap to underlying ...

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Condé Nast Italia to Focus on ‘Top Brands’ as L’Uomo Vogue Closes

MILAN, Italy — Condé Nast Italia will focus on its most prestigious magazines including its Vogue title as advertising pressure and a slump in demand has forced the closure of menswear title L’Uomo Vogue, the bridal focused Vogue Sposa, its children’s title Vogue Bambini and the accessories publication Vogue Gioiello. The final issues of L’Uomo Vogue and Vogue Gioiello will ...

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