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Boohoo co-founder takes stake in Australian e-commerce company MySale

Inside Retail

Mahmud Kamani, the co-founder of British online fast-fashion retailer Boohoo, has bought a chunk of Australian e-commerce business MySale – just as Frasers Group is attempting a takeover bid. . According to filings with the London Stock Exchange, Kamani now holds 4.76 per cent of MySale after buying 45 million shares on August 31.

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British retail giant takes stake in Australia’s MySale

Inside Retail

per cent stake in the local subsidiary of Australian-headquartered fashion marketplace owner, MySale. Founded in 2007, MySale currently operates retail websites in four markets – Australia, New Zealand, Singapore and Malaysia – with its sites Oz/Sale, NZ/Sale, My/Sale and Sing/Sale.

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How UNIQLO Became on the Largest Clothing Retailers

Indigo 9 Digital

Don’t get caught calling UNIQLO fast fashion. People mistakenly say that UNIQLO is a fast-fashion brand. Fast Retailing Group which is UNIQLO’s parent company also owns several other popular clothing brands including Theory, Helmut Lang and J Brand. In 2007 UNIQLO unsuccessfully bid to take over Barney’s New York.

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Best Online Fashion Marketplaces: 10 Giants with Utmost Features

I Love Fashion

Why Are Online Fashion Marketplaces Booming So Fast? Fashion marketplaces that are available online offer way more convenience to online sellers and marketers to reap the best benefit in the most convenient way. Here are the reasons why fashion marketplaces’ popularity has grown so much online.

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6 of the Best Ways to Retain Customers in Retail

Indigo 9 Digital

Many consumers say they want to buy sustainably sourced clothing but fast fashion retailers like Zara and H&M are among the largest clothing retailers in the world. Then towards the end of the decade in 2007 Apple launched the iPhone, then the iPad in 2010. Let’s take the sustainability movement.