Audacia, a fund led by Charles Beigbeider, has sold its minority stake in the label A.P.C., acquired in 2012. A.P.C. founder Jean Touitou is now owns 100% of the shares and is not seeking a new investor.
Amazon has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the EU announced its own investigation of the e-commerce giant.
Amazon’s use of merchants’ data triggered an EU antitrust investigation on Wednesday, as regulatory concerns mount around the world on how tech giants exploit customer information to reinforce their market power.
London-based Koovs, the fast fashion e-tailer that targets the Indian market, has had plenty of challenges to deal with in the last few years, but its recent funding and trading boost have put it back on track.
Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer.
Hong Kong retailers said on Tuesday they expect sales for July and August to drop by double-digits from a year earlier due to large and sometimes violent protests that have gripped the city for more than a month.
Grupo Sanborns, part of the group of companies owned by Mexican billionaire Carlos Slim, announced on Monday that it has reached an agreement to buy an 18.27% stake in Miniso, taking its total interest to 33.27%.
Philip Green’s fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs).