Fashion

Farfetch acquires 47.5% stake in Yoox

Curated trend platform Farfetch has purchased a 47.5 p.c stake in Yoox Web-A-Porter Group. It’s unclear what amount of cash was concerned within the acquisition. Due to the deal, Farfetch can purchase the remaining shares in a while.

Earlier this

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Fashion

German startup Lisa raises 2.7 million euros

Lisa, a startup from Berlin, raised 2.7 million euros in funding. The corporate, which affords social procuring options, will use the cash to speed up progress and develop its software program service. Social procuring continues to be in its infancy

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Fashion

Order button Bol.com didn’t meet necessities

In a court docket case, Dutch market Bol.com was informed that its order button doesn’t meet European requirements. {The marketplace} must make it clear that clients are coming into an obligation of cost. This might have penalties for different on-line

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Fashion

Bol.com has 50.000 accomplice sellers

Benelux’s main market Bol.com now has 50,000 accomplice sellers. The previous three years the variety of retailers nearly doubled. Companions are chargeable for 60 p.c of the platform’s income within the first quarter of 2022. The expansion in sellers is

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Fashion

Shopify lays off 10% of employees

Shopify is shedding 10 p.c of its employees. This comes all the way down to a thousand staff. Based on the corporate, it is because of a decline in buyer demand after peak progress through the pandemic.

Shopify is a

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