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17 Apr

TikTok-Famous Laneige Lip Sleeping Mask Is on Sale at

Courtesy of Walmart In case you purchase an independently reviewed services or products through a link on our website, WWD may receive an affiliate commission. Lip masks are all the trend immediately. The long-lasting, super hydrating version of a lip balm reached latest heights in popularity in late 2022, especially Laneige’s Lip Sleeping Mask, probably the greatest lip masks in the marketplace that has been a beauty favorite on TikTok since 2020. Lucky for you, it’s on sale at Walmart for as little as $18.88 today. It’s not hard to see why this lip mask has received a lot buzz. For starters, it accommodates an incredibly moisturizing formula with key ingredients similar to shea butter, murumuru butter, vitamin C, and coconut oil. Plus,...
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16 Apr

WHP and Express Buying Bonobos From Walmart for $75M

Bonobos has found a recent home after nearly six years under the Walmart Inc. umbrella.  Brand management firm WHP Global and Express Inc. agreed to purchase the direct-to-consumer men’s pioneer for a combined $75 million — a steep discount to the $310 million Walmart shelled out for the brand in 2017.  WHP is paying $50 million for the brand while Expr, the corporate that runs Express, will pick up the operating assets and liabilities for $25 million.  The deal was signed on Thursday is predicted to shut within the second quarter, when Expr and WHP plan to enter into an exclusive long-term license agreement that could have Expr running the business within the U.S.  That is the primary joint acquisition by the 2 firms,...
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9 Apr

Walmart Plans to Add $130 Billion in Sales Over

The sheer size of Walmart Stores Inc. long made it a force of nature in the buyer world.  And with revenues of $611 billion last yr, the scale remains to be very much there.  But now, fashion is front and center within the business, especially online, where the retailer has 200 million apparel stock keeping units out of greater than 400 million skus overall. Walmart has pivoted from a bread-and-butter bricks-and-mortar retailer in recent times to grow to be a more forward-leaning Amazon competitor trying to layer in rather a lot more tech savvy.  The corporate’s investor meeting in Tampa, Florida, on Wednesday made it clear just how far the corporate has come — and just how far it plans to go, adding more...
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