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The RealReal Opens First Retail Consignment Space in New York City

The RealReal, a luxury consignment company, announces the opening of their first retail and consignment space located at 80 Wooster Street in SoHo, New York. The store is open from Monday through Saturday, 11 a.m. to 8 p.m., and Sunday, 12 p.m. to 6 p.m. The 6,000 sq. ft. space contains a concept store highlighting The RealReal’s knowledge and expertise …

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Neil Cole Develops Commerce Solutions with Next Retail Concepts

Neil Cole, a pioneer of the asset light business model of brand management and former Chief Executive Officer and Founder of Iconix Brand Group, Inc., recently announced the formation of Next Retail Concepts. Next Retail Concepts is a retail technology and brand management company specializing in the growth and scale of consumer lifestyle brands through a vast network of global …

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Penske Media Acquires Sourcing Journal, Pushes to Become the Leading Source of Fashion and Retail Industries

Penske Media Corporation (PMC) and its subsidiary Fairchild Media announced the acquisition of Sourcing Journal, the premiere media brand for global executives focused on the sourcing and manufacturing industries. The purchase advances Fairchild’s and WWD’s (Women’s Wear Daily) leadership position in today’s fashion and retail business coverage.

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Study: Price Shift Brings Both Opportunity and Risk to Retailers and Brands

Today, First Insight, Inc. a technology company transforming how retailers make product investment and pricing decisions, announced the findings of a new study, “Decoding Price Elasticity to Unlock Revenue and Minimize Risk,” which examines pricing and elasticity trends in womenswear, menswear, childrenswear and home goods across North America and Europe over a two-year period.

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