New Economic Realities   //   August 26, 2023

Modern Retail Rundown: Shein & Forever 21 partner up, Subway sells & Rolex buys Bucherer

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On this week’s episode of the Modern Retail Rundown, the staff reviews various news from the retail industry.

This week we’re starting with the news of Shein and Forever 21’s new partnership, in which the companies will sell each other’s merchandise. Next, Subway sells to a private equity firm after months of rumors — after decades of family ownership. Finally, a look at Rolex’s new acquisition of legacy watch retailer Bucherer.