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Lululemon launches a trade-in and resale platform in the United States
Environmental protection has become an important topic for major clothing brands to discuss, and recently Lululemon announced that it will officially launch the first trade-in and resale platform "Like New" in the United States on April 22.
The platform is mainly used for the resale of lululemon costumes, or the exchange of old lululemon costumes for electronic gift cards. This form of resale was piloted in more than 80 stores in Texas and California in the United States last May, and received a positive response from consumers. Separately, Lululemon said the platform's revenue will be used to invest in sustainable fashion.
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Musk is preparing to forcibly acquire Twitter
Recently, Musk proposed to buy 100% of Twitter's stock in cash at $54.20 per share price and take it private. Musk said Twitter needs to transform into a private company.
According to gossip, Twitter's board is considering using a "poison pill defense" strategy to resist Musk's takeover offer, which will be announced as soon as April 15. "Poison Pill Defense," which allows existing shareholders of the company to buy large numbers of shares in the company at a discounted price, thereby diluting the acquirer's equity, is a common strategy for U.S. companies to defend against hostile takeovers.
Having money can really do whatever you want!