Bagir has announced it has reached an agreement to be acquired by Shangdong Ruyi Technology Group. The partnership is expected to help the company win major contracts from the world’s largest retailers.
Shoppers splurged more than $1.52 billion online by Thanksgiving evening, up 16.8% over last year, and more bargain hunters turned up at stores this year as retailers opened their doors early on the eve of Black Friday.
India’s largest lender State Bank of India (SBI) has launched the country’s first lifestyle digital service platform YONO (You Only Need One) with an aim to tap shoppers from the e-commerce and lifestyle segment.
The Japanese label is readying its first European store for a December opening in Paris. Bape (aka A Bathing Ape) will move into a space on 34 rue de la Verrerie, next to the BHV Homme department store.