Nike looks to sell off ‘excess inventory’

Lindsay Drucker Mann, an analyst at Goldman Sachs, wrote that it “will take some time” for Nike to reduce “excess inventory” that has built up at the brand’s stores as well as that held by its retail partners. Ms. Drucker Mann expects marked down product to be “funneled online via amazon.com and other platforms.”

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Nutella parent to buy Ferrara Candy

Ferrero Group, which owns the Fannie May, Ferrero Rocher, Nutella and Tic Tac brands, will be adding Brach’s and other confections to its portfolio after reaching a deal to acquire Ferrara Candy.  Terms of the deal were not disclosed.

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Clinique store by Mapos, Hong Kong

Inspiration for the furniture and pastel tone was taken from the mid-century era from which the brand first sprang. The point of sale, inspired by the clean art supply and magazine archive desk from editors offices, became an opportunity to express the heritage of the brand.

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