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Gap selects Walmart to sell its new Gap Home brand


Gap selects Walmart to sell its new Gap Home brand
Mark Breitbard, president of the Gap brand, said Walmart was selected because it’s already a global leader in the home category and has extensive digital reach and distribution.
Apparel retailer Gap is now making home goods to dress your bed.
The new world of retail has Gap making home goods for Walmart.
The two retailers have partnered to introduce Gap Home, a new brand of home goods including décor, tabletop, bedding and bath that will be sold exclusively on Walmart.com beginning June 24.
The two retailers called it a multiyear partnership that brings together Walmart’s scale with Gap’s brand heritage, but they declined to say when the merchandise will be available in Walmart stores. ....

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Forever 21 owners plan IPO this year


Forever 21 owners plan IPO this year
Authentic Brands founder Jamie Salter has acquired more than 30 brands, some out of bankruptcy such as Barneys New York and Brooks Brothers.
Forever 21 in Cedar Hill s Hillside Village shopping center.(Ben Torres / Special Contributor)
7:15 AM on May 26, 2021 CDT
Authentic Brands Group, the owner of brands such as Brooks Brothers, Juicy Couture and Forever 21, is exploring going public as soon as this year, according to people with knowledge of the matter.
The New York-based company has held discussions with potential advisers about an initial public offering, the people said, asking not to be identified because the information is private. ....

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