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Mall Operator PREIT Exits Bankruptcy, Goes Private and Replaces CEO

Retail TouchPoints

PREIT Realty has emerged from bankruptcy in an expedited process, reducing its total debt by approximately $835 million , extending its maturity runway and receiving commitments of about $130 million in new debtor-in-possession financing and exit revolver financing from a diverse group of investors. portfolio of 150+ retail centers.

Finance 198
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2 Top Target Chiefs Announce Retirement Plans

Retail TouchPoints

Two of Target ’s top executives — COO John Mulligan and Chief External Engagement Officer Laysha Ward — have announced plans to retire. Mulligan’s replacement has not yet been named, but Target said it will share succession plans prior to his official retirement in February 2025. Mulligan joined Target in 1996 as a financial analyst.

Planning 147
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Longchamp ANZ GM Julie Therond champions hard work, collaboration and patience

Inside Retail

Julie Therond is the general manager of Longchamp Australia and New Zealand and has worked with the fashion brand since 2012. With an extensive career in marketing and retail, having previously worked in Paris, China and Hong Kong, where she was a sales director, before coming to Australia to head Longchamp’s ANZ operations from Sydney.

Finance 130
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The Honest Company Rides ‘Conscious Consumerism’ Wave Toward Potential $100M IPO

Retail TouchPoints

Co-founded by actress Jessica Alba in 2012, the company touts a line of hypoallergenic, ethically sourced products in the baby, beauty and home cleaning categories. In January 2021, the company brought in finance veteran Kelly Kennedy as CFO. According to the SEC filing , The Honest Co.

Finance 279
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Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault

Inside Retail

The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, in a high-profile deal that could test the 46-year old’s marketing prowess.

Fashion 130
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Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault

Inside Retail

The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and heirs, in a high-profile deal that could test the 46-year old’s marketing prowess.

Fashion 130
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Publix announces VP retirements, promotion

Mass Relators

Publix Super Markets on Monday announced that two members of its executive team are retiring, and another has been promoted. Vice President of Finance Gino DiGrazia has decided to retire at the end of this year after 30 years with the company. In 2012, he was named vice president of finance. LAKELAND, Fla.—