Myer's slowdown in sales | Simon & Schuster sold to private equity | Canva's latest valuation drop

Published: Aug. 8, 2023, 7 p.m.

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Myer has experienced a major slowdown in sales since January, but has still seen its sales jump double-digits since last year.

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Paramount Global has palmed off publisher Simon & Schuster to a private equity giant for more than $1.6 billion USD.

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Canva\\u2019s latest valuation has hit $25.5bn USD as its early investors sell down.. But it gears up towards an IPO in the US.

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