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New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward

Retail TouchPoints

Dillards has been executing a highly successful strategic plan focused on improving operating margins, prudently managing capital expenditures and aggressively returning capital to stockholders, said James Mitarotonda, Chairman of Barington in a statement. Since fiscal year 2014, Macys has spent $9.7

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Desigual set to make Australian return

Inside Retail

Spanish fashion label Desigual is returning Down Under, partnering with The Iconic to launch its spring-summer collection. Desigual first entered Australia in 2014 with a flagship store in Melbourne through a licensing agreement with Edwards Imports.

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Affirm Expands into Post-Purchase with $300M Acquisition of Returnly

Retail TouchPoints

Flexible payment provider Affirm is expanding its range of services to include the post-purchase experience with the acquisition of online returns solution Returnly for approximately $300 million. Returnly currently facilitates returns and replacements for online orders for more than 1,800 merchants.

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Ksubi’s return to Australian shores with Bondi Beach House and what’s next

Inside Retail

Ksubi’s return to operating stand-alone stores in Australia has been a long time coming. The post Ksubi’s return to Australian shores with Bondi Beach House and what’s next appeared first on Inside Retail Australia. It comes as the brand plans to open new stores in Sydney and Melbourne in early 2024.

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Country Road brands to return to Myer after David Jones separation

Inside Retail

Woolworth Holdings’ sale of the David Jones department-store business has cleared the way for the brands of its Country Road Group division to return to the shelves of Myer. After taking full control of the business in September 2014, Woolworth bought Politix two years later.

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Glossier Picks Sephora as its First Retail Partner

Retail TouchPoints

The company returned to physical retail in August 2021 and has since opened stores in Seattle, Los Angeles, Miami and London. That marked the first time the company would be led by someone other than founder Emily Weiss, who began Glossier in 2014. By the end of 2022, Glossier plans to open stores in Washington, D.C.,

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Glossier Promotes Chief Commercial Officer to CEO

Retail TouchPoints

For the first time since its founding in 2014, Glossier will have a new CEO. In her blog post, Weiss also teased Glossier’s plan to return to NYC’s SoHo neighborhood with a brick-and-mortar store in early 2023. Founder and current CEO Emily Weiss will become the retailer’s Executive Chairwoman as Kyle Leahy moves into the top spot.