All posts in PPR
Is Virgin Megastore going bust?
As confirmed Friday on France Inter, Virgin Stores will submit a request today to declare themselves insolvent. As in the US with Chapter 11 status, there tends to be two possible outcomes of this: 1) restructuring or 2) full-out liquidation/bankruptcy. Given how things have been going for Butler Capital owned Virgin Megastores in recent years, […]
PPR invests €10 million in Samwer brothers fashion clones
The Samwer brothers, founders of Rocket Internet and jokingly referred to as the ‘clone kings’, might just end up having the last laugh given the impressive fundraising news they’ve been announcing recently. First came the news that they raised $26 million for one of their SE Asian startups Lazada (considered their ‘Amazon clone’), then they […]
The Fancy spreading its wings in France
One of the hottest curation startups at the moment is New York-based The Fancy, a site that seeks, via a visually and technologically elegant platform, to entice people to share and, ideally, purchase actual or similar items to what they ‘fancy’. Although the sharing of beautiful ‘things’ is an integral part of the Fancy experience, […]