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Beware: Black Friday Bargain Hunters, Clothes With Deep Discounts Are About To Go Out Of Fashion

A saleswoman stands inside a fur shop near the seafront, where minks and fox fur coats can cost up to 3,000 euros ($ 4,000), in Limassol, a coastal town in southern Cyprus February 19, 2013. In this seaside Cypriot town, an image of the Kremlin's onion do
A report by EDITD, a retail technology firm used by more than 10,000 US and UK subscribers, suggests several clothing items that retailers give a big discount because it would soon be out of fashion. By disposing of these soon-to-be outdated styles, stores maximise their profits and prevent having too much of certain styles on their stockrooms which if left too long would become stale and may force them to even slash its tag prices further.
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Former U.S. Secretary of State Hillary Clinton (L-R), U.N. Women's Executive Director Phumzile Mlambo-Ngcuka, World Bank Group President Jim Yong Kim and Council on Foreign Relations Senior Fellow Isobel Coleman participate in an event on empowering woman

Australia’s Gender Gap Is Wider At The Top

The gender gap in salaries in Australia just got wider. The latest report by the Workplace Gender Equality Agency (WGEA) said the difference grew to 24.7 percent from 19.9 percent. The gap is felt more among women executives who get lesser discretionary pay such as bonuses, allowances, overtime and other perks when compared to their male counterparts.

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