U.S. e-marketplace StockX recently raised $110 million in capital. FashionNetwork.com met in Paris with its co-founder and CEO, Josh Luber, who explained the site’s ‘stock market of things’ concept and future projects.
Jewellery maker Pandora, struggling to regain its competitive edge in a weak retail market, plans to make cost savings of 1.2 billion crowns as it faces a drop in organic revenue growth of 3-7 percent this year.
Jewellery maker Pandora slashed its 2018 sales outlook for the second consecutive quarter after posting disappointing profits on Tuesday, saying it will review its strategy as it struggles to regain investor confidence.
Paytm’s parent firm One97 Communications has a new board member in Pallavi Shroff. The company is banking on the managing partner at law firm Shardul Amarchand Mangaldas to drive the next phase of growth.