Farhi sells majority stake, Missing on mobile, Nike pays out, Virtual dressing room, Self-service

Nike Make It Count 2012 | Source: Sneaker Trust

Farhi Sold (Vogue) “Nicole Farhi is on the cusp of a new wave of business expansion after private equity group Kelso Place Asset Management acquired a majority stake in the company. Kelso Place, which sold British luxury leather goods company Smythson in 2009, bought the stake from OpenGate Capital, which only acquired Farhi in 2010 for £5 million.” High-End Brands Are Missing the Boat on Mobile, Study Finds (Mashable)

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