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Ackman to Sell JC Penney Stake 27 Aug 2013 | 04:53 pm

Hedge fund manager William Ackman is to sell his 17.7% stake in ailing department store retailer JC Penney, less than a month after he resigned from the board.

VF to Establish Three Global Innovation Centers to Accelerate Its Innovation Platform 26 Aug 2013 | 11:45 pm

VF Corporation today announced the company will establish three Global Innovation Centers – a groundbreaking move in the apparel industry – to focus on game-changing product innovations in technical a...

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