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Bankrupt Peacocks Nabs Management Buyout Bid

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

U.K. value chain Peacocks might be one of the lucky retailers to exit bankruptcy as a going concern after landing a proposed management buyout offer. A Peacocks spokesman said a senior e-commerce manager and a private investor submitted the offer to purchase the entire company, and keep both the employees and stores while strengthening digital….

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