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Agenda-setting intelligence, analysis and advice for the global fashion community.

Unpacking Macy’s Surprise Buyout Offer

The department store chain’s stock surged on reports of a $5.8 billion bid. But the potential new owners may be more interested in real estate than fashion.
Macy's Shopping bags
Arkhouse Management and Brigade Capital have made a $5.8 billion offer to take the department store chain Macy's private. (Shutterstock)

An offer by a pair of investment firms to take Macy’s private has shareholders excited, but the offer could spell trouble for the fashion industry as a whole, analysts and industry observers say.

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Further Reading

Why Retailers Are Bracing for a Bleak Holiday Season

With consumers expected to buy less this holiday season, categories poised to outperform the industry include off-price and personal care. But brands can still appeal to shoppers by conveying a sense of value, whether through discounts or a point of differentiation.

About the author
Cathaleen Chen
Cathaleen Chen

Cathaleen Chen is Retail Editor at The Business of Fashion. She is based in New York and drives BoF’s coverage of the retail and direct-to-consumer sectors.

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