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♥ The GameStop Dilemma: What to Do if Day Traders Target Your Company Stock (The Wall Street Journal): “Deciding whether to raise money is far more complicated than it might seem … Acting SEC chair Allison Herren Lee said … the agency is watching whether issuers who choose to raise money in the current environment fully disclose any risks surrounding their stock. ♥ (Video) ‘Framing Britney Spears’ (The New York Times watch on Hulu, FX, or YouTube) Last year, Asos sold half a million pairs of Topshop jeans and 300,000 Topshop day dresses, while 80 percent of HIIT’s sales came from the Asos site.”
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While Topshop has lost its sheen in recent years, it’s a brand name that still carries a strong cachet with a whole generation. ♥ Why Asos Needs Topshop (The Business of Fashion): “The high-profile deal marks Asos’ first foray into M&A and reflects a rapidly intensifying race to dominate fashion’s booming online market … The Topshop deal is a way for Asos to boost its market share fast by taking control of a brand that already performs well within its core market of fashion-savvy consumers in their 20s. ♥ Asos Buys Topshop, Sister Brands in £295 Million Deal (The Business of Fashion): “Asos will pay £265 million for the brands and a further £30 million for their stock, but the deal excludes any associated stores.”
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#The down life supertall tower creaks series
♥ Listening now: Reply All: The Test Kitchen, a four-part mini series about the Bon Appétit implosion.
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