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

Myer has experienced a major slowdown in sales since January, but has still seen its sales jump double-digits since last year. Paramount Global has palmed off publisher Simon & Schuster to a private equity giant for more than $1.6 billion USD. Canva’s latest valuation has hit $25.5bn USD as its early investors sell down.. But it gears up towards an IPO in the US. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.