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City Chic’s US Acquisition Proves Unsuccessful

City Chic's aim to acquire US womenswear plus-size brand, Catherines, has been unsuccessful after it was outbid by USD $24.8 million.

Online Sales Not Enough to Save Macy’s From Guidance Cut and Market Wipeout

Macy’s poor Christmas sales have caused the struggling department store to cut its profit guidance, with its business woes sparking an industry-wide wipeout.

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