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Retail news around the globe
Kering invests in Vestiaire Collective; Thomas Pink brand to be revived; Arket opens first South Korean store; and much ...

Can new ownership bring Thomas Pink back into the black?
The declining fortunes of Pink represents a cautionary tale of the perils of excessive discounting.

LVMH’s shuttered Thomas Pink brand to be revived
The retailer ceased operating last year amid the Covid-19 pandemic, as LVMH Group was seeking to sell the brand.