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The News in Brief

US Retail Sales Unexpectedly Flat in April

Consumers are focussing spending on essentials and cutting back on luxuries amid higher prices. But sales have held up as a strong labour market helped households navigate the high inflation environment.


Roksanda Sells to The Brand Group

Founder Roksanda Ilinčić, who will stay on as creative director, had filed a notice of intent to appoint an administrator before finding a white knight in TBG.


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