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On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

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Sport Direct owner Mike Ashley and Edinburgh Woollen Mill (EWM) owner Philip Day are the final bidders for fashion retailer Jack Wills, according to Sky News.

It was first reported last month that the brands owner BlueGem was looking for a buyer for the retailer, with Marquee Brands, Johan Eliasch also interested in the acquisition.

It has been reported that a decision about the ownership of the business was likely in the coming days, and a substantial restructure of the company has been described as “inevitable”.

Jack Wills has faced a challenging year, reporting a pre-tax loss of £29.3m for the year to January 31 2018, according to accounts filed earlier this year.

Retail Sector has contacted EWM, Sports Direct and Blue Gem for comment.

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