French fashion retailer Spartoo applied for a stock market listing with France’s financial markets authority (AMF) on Monday. Its CEO has offered further insight into the decision and the group's plans.
Eric and Michael Dayan, co-founders of Showroomprivé, who bought the rights to the Sonia Rykiel brand after the label's liquidation, are another instance of e-entrepreneurs taking over a renowned French fashion label.
In an interview with FashionNetwork, Spartoo CEO, Boris Saragaglia said the e-commerce portal remains open to potential investment opportunities, adding the firm is not "for sale", as per reports by Challenges.
The commercial real estate trade show that takes place in Cannes is holding its next edition on 18 to 20 November at the Palais des Festivals, where 700 companies from 76 countries are expected to be on exhibit.