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Luxury retailer exits beauty business and ends major partnership

finance.yahoo.com·12 hours ago·Global·1 min read
Source: finance.yahoo.com

A luxury retail giant is accelerating its restructuring efforts by selling its beauty business and ending a decade-long licensing partnership a year ahead of schedule.

The transaction transfers one of fashion's biggest beauty brands to a new long-term partner, ending an agreement that wasn't set to...

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