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16 Things You Need to Know This Morning

16 Things You Need to Know This Morning
Luxury Retail Consolidation Continues
With $1.2B Michael Kors, Jimmy Choo Deal
High-end handbag maker Michael Kors is expanding its reach in the luxury shoe market with the acquisition of British fashion brand Jimmy Choo. The $1.2B deal is the second major luxury brand acquisiton of the year after Coach agreed to buy Kate Spade in a $2.4B deal. 

16 OTHER THINGS YOU NEED TO KNOW

Former Edens CEO Making Big Bet On Alexandria Retail As Vacancy Rises
D.C. Director Of Transportation Leif Dormsjo To Resign Next Month
USDA Division Moving To Space Near Alexandria's Braddock Metro
Pantzer Properties Acquires 576-Unit Manassas Apartment Complex For $115M
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Kevin Riegler, Steve Alfandre, Mindy Lyle To Discuss Building Conversions In Alexandria
Norton Introduces Bill To Extend D.C. Lease On RFK Campus
New D.C. Coalition Looks To Rewrite The Politics Of Urban Housing
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Washington Gas Offers Maryland Customers Rebates On High Efficiency And ENERGY STAR® Certified Natural Gas Equipment
D.C.-Based Solidcore Fitness To Open First Baltimore Location
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Michael Kors To Acquire Luxury Shoemaker Jimmy Choo In $1.2B Deal
Activist Investors Pressure Sabra REIT To Pull Out Of Care Capital Deal
China’s Sovereign Fund Bets On U.S. Real Estate With Big Stake In New TPG REIT
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Related Topics: Morning Brief (DC)