Blackstone to acquire Greek e-commerce entity Skroutz
As part of the transaction, the company’s founders will sell part of their holdings while retaining a stake and their leadership positions.
12 May 2026
12 May 2026
As part of the transaction, the company’s founders will sell part of their holdings while retaining a stake and their leadership positions.
The proceedings come as regulators in multiple jurisdictions increase scrutiny of low-cost e-commerce operators.
The retail sector is moving towards systems that do not simply respond to customer searches but actively predict what individuals are likely to want next.
The case focuses on Estée Lauder’s ownership of the Jo Malone trademark, which it bought in 1999.
As retail media grows, the industry must decide whether innovation will open access to smaller retailers or keep it dominated by the largest players.
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The move is part of a succession plan tied to the will of founder Giorgio Armani, who passed away on 4 September 2025.
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