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Samsonite to retailers: Prices to rise on Trump’s tariff hit

Bloomberg The trade war arrived at Sun Y. Park’s doorstep the day a letter from Samsonite International SA was delivered to her Manhattan luggage and leather goods shop. In the letter dated August 13, Samsonite North America President Lynne Berard notified wholesale buyers that a 10 percent price increase is imminent if the US follows through with more tariffs on ...

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Jet.com refurbishes site to narrow focus on urban shoppers

Bloomberg Walmart has refurbished its Jet.com site to cater even more to the city dwellers who make up the bulk of its shoppers. The e-commerce site, acquired by Walmart in 2016, will now offer images and products tailored to the location and preferences of the visitor, the retailer said. Most New York City residents can schedule three-hour delivery windows for ...

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Pandora soars after report that PE funds may buy it

Bloomberg Pandora shares soared in Copenhagen on a report that private equity funds are considering buying the beleaguered Danish jewellery maker. The stock added as much as 11 percent, the most since May 2016, after Italian daily Il Sole 24 Ore said KKR and Bain Capital are among private-equity funds that could be studying a dossier on Pandora. Sole, which ...

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