Second-hand fashion site Vestiaire Collective announced on Wednesday that it will soon be welcoming a new CEO with a very international profile: Maximilian Bittner, founder of Asian e-commerce giant Lazada.
Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.
Chanel has taken a minority stake in UK online retailer Farfetch, the companies said on Monday, as part of a tie-up to develop digital services such as chats to connect the label's clients with store assistants.
Investment company Eurazeo has entered into exclusive negotiations in order to acquire 70 percent of the capital of the management firm Idinvest, a move that could see the business double its portfolio.
Eurazeo announced on Thursday its acquisition of a majority stake in American company Nest Fragrances from Tengram Capital Partners, in partnership with its founder and executive president Laura Slatkin.