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Disney sold the chain for the cost of inventory to the Children's Place's subsidiary Hoop Holdings and signed a 15-year licensing agreement. [25] [28] Under the licensing agreement, a "royalty holiday" period existed until October 2006 to allow revamping of the stores. The royalty thereafter was 5% of store sales while online sales give Disney ...
Globally, it found that almost 20% of kids accessed the site last year, making it the 18th most-visited site for the year. In the U.S., 18.7% of kids visited the site, and it was in 32nd place ...
Shopify revealed today that it’s laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock. The news comes ...
Tallinn's residents voted for free public transportation on 24 March 2012. This polling place was in a historic tramway Gotha G4-61. Several mid-size European cities and many smaller towns around the world have converted their public transportation networks to zero-fare.
Maersk Line. Maersk Line is a Danish international container shipping company and the largest operating subsidiary of Maersk, a Danish business conglomerate. Founded in 1928, it is the world's second largest container shipping company by both fleet size and cargo capacity, offering regular services to 374 ports in 116 countries. [2]
A little over 13 years ago, Shai Agassi, a promising software executive who was in line to succeed the chief executive at SAP, then one of the world’s mightiest software companies, left the ...
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