2023-08-25
Remember way way back when as @SimonPropertyGp and @AuthenticBrands created SPARC Group Holdings as they acquired many retailers across the country including Forever 21, Brooks Brothers, Aeropostale, Eddie Bauer, Lucky Brand, Nautica, and Reebok? This transaction with SHEIN...
Wall Street Journal
Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores
the deal is a win for fast fashion, but a loss for the environment PYMNTS.com : Shein's Forever 21 Returns Deal Spotlights Key Omnichannel Strategy Wajeeh Khan / Invezz : Shein jus...