Tencent shareholder Naspers plans to float a portion of its e-commerce ventures on Euronext in Amsterdam, a move South Africa’s biggest company said on Monday will create a $140 billion European internet giant.
Neiman Marcus Group Ltd said on Monday it had reached an agreement with a majority of its lenders to extend the maturities of its debt by three years to help the luxury retailer turn around its business.
On Monday, France’s Secretary of State for Digital Affairs, Mouni Mahjoubi, castigated Amazon for not being among the signatories of the code of conduct for e-tailers and the SMEs selling products on their sites.
French label The Kooples, currently in negotiations for a possible take-over by Swiss group Maus Frères, has unveiled a new collaboration with Puma, featuring sneakers and, for the first time, sportswear.
EU antitrust regulators fined U.S. sportswear maker Nike 12.5 million euros on Monday for restricting cross-border sales of merchandising products of five European football clubs and the a football federation.