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Are SPACs the New IPO? Lulu Chairman and KKR Jump on the Trend: Week Ahead

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

The SPAC, or special purpose acquisition company, boom is finally garnering interest from fashion and retail, with possibly more to come in the weeks ahead. Private equity firm KKR and Lululemon chairman Glenn Murphy are looking to raise up to $1.15 billion through a SPAC called KKR Acquisition Holdings I Corp., according document filed Thursday…

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