New SPAC from former Coach, Tapestry CEOs chases Gen Z-friendly brands; Bed Bath & Beyond sales up 50% as consumers continue investing in homes; Crisis Management: Why Vuori spent 2020 keeping up relationships and plotting store strategy; Farfetch, ThredUp partner on clothing donation service
The vehicle is leaning on its leadership experience to help it acquire companies that have shown "powerful emotional engagement" with younger consumers.
Even as the country begins to show signs of recovery from the pandemic, the retailer's momentum isn't slowing, spurring it to raise its full-year outlook.
In an expansion of its existing program, U.S. customers can now donate gently used clothes to raise money for charity and earn Farfetch shopping credits.
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