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Special Episode: Megan Greenwell on Private Equity

Craft Industry Alliance

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Crafting Industry Resurgence and Retail Bankruptcy

This chapter explores the unexpected boom in the crafts sector during the pandemic, particularly in sewing and mask-making, while analyzing the financial struggles of a major retailer leading to bankruptcy. It critiques the oversimplified narratives surrounding retail failures, emphasizing the roles of excessive debt and financial mismanagement over competition from online giants.

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