Brandless raises $240m in Series C funding led by Softbank Vision Fund
American e-commerce company Brandless has announced $240m in Series C funding from Softbank Vision Fund. The company will use the…
All articles by Gujjarlapudi Satish
Gujjarlapudi Satish
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July’s top news stories
Lifestyle retailer Guess and Alibaba launch FashionAI concept store US-based lifestyle retailer Guess and retail major Alibaba Group partnered to…
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Advent completes investment in 80% stake in Walmart Brazil
Global private equity firm Advent International has invested in an 80% equity stake in retail major Walmart’s Brazilian unit. In…
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Food retailer Eurotorg secures loan from EBRD to expand business
Belarus-based food retail chain Eurotorg has received a €20m loan from the European Bank for Reconstruction and Development (EBRD) for…
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Alibaba and Starbucks sign strategic retail partnership in China
E-commerce major Alibaba Group Holding has entered a strategic ‘New Retail’ partnership with global coffeehouse chain Starbucks to transform the…
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Study says British consumers prefer security over convenience
A study has shown that British consumers are choosing security over convenience when shopping online to avoid security risks. Around…
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British retailer Next reports 4.5% increase in H1 sales
British fashion and home products retailer Next has reported a 4.5% increase in the brand’s full price sales during the…
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M&S and Decoded to launch new retail data academy
British clothing retailer Marks & Spencer (M&S) and Decoded has established a new retail data academy, M&S Data Academy. The…
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Sports Direct founder in talks to offer $65.67m for House of Fraser
UK-based speciality retailer Sports Direct founder Mike Ashley has reportedly proposed a rescue bid for department store chain House of…
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Beauty retail group THG reportedly receives $1bn funding
British online beauty retail group The Hut Group (THG) has reportedly received $1bn in funding through a bank facility for…