ThredUp lays off 15% of its corporate workforce as Q2 losses widen; Reebok owner Authentic Brands Group strikes deal to acquire Ted Baker; Walmart picks Paramount as streaming partner for membership plan; Survey: Nearly three-fourths of footwear spend occurs online
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ABG wants to separate Ted Baker into an IP holding company and one or more operating companies that would manage the brand’s retail, e-commerce and wholesale operations.
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