Sorted eyes global expansion following £15 million in funding

(adsbygoogle = window.adsbygoogle || []).push({}); Sorted Group, a UK-based software as a service (SaaS) business, has secured £15 million in a Series B funding, taking the firm’s total funding to over £35 million since its inception in 2010. The investment is expected to help Sorted develop its technology and pave the way for overseas More...

by Raghuram Kadari | Published 16 mins ago
By Raghuram Kadari On Saturday, August 17th, 2019

West Africa’s DTRT Apparel secures funding from Red Bull and Verod Capital

Ghana-based clothing manufacturer and exporter DTRT Apparel has received an undisclosed sum of investment from Red Bull and Verod Capital Management, registering a massive boost for apparel manufacturing in West More...

By Raghuram Kadari On Friday, August 16th, 2019

Brazilian retailer Lojas Americanas deploys Zippin checkout-free technology

Brazilian retail chain Lojas Americanas has struck a deal with Zippin to deploy the latter’s checkout-free technology in its stores across Brazil, as per the latest retail technology news. Lojas Americanas has More...

By Raghuram Kadari On Wednesday, August 14th, 2019

L.L.Bean to deploy Aptos’ customer engagement solutions

Omni-channel retailer L.L.Bean has selected Aptos’ customer engagement solutions, which includes solutions for point of sale, mobile store selling and enterprise order management to connect the brand’s channels More...

By businessnewstoday On Sunday, August 11th, 2019

KKR to acquire 70% stake in NVC Lighting’s Chinese lighting business

KKR , through its Asian Fund III, has agreed to acquire a stake of 70% in NVC Lighting’s Chinese lighting business (NVC China) for a total equity value of around $794 million. NVC Lighting will own the remaining More...

By Raghuram Kadari On Saturday, August 10th, 2019

Party City to divest Canadian business to Canadian Tire for $131m

Canadian Tire Corporation (CTC) has signed an agreement with Party City, a US-based retail chain of party stores, to purchase the latter’s Canadian business for C$174.4 million ($131 million). The acquisition More...

By businessnewstoday On Thursday, August 8th, 2019

Purple Style Labs acquires online luxury fashion store Pernia’s Pop Up Shop

Purple Style Labs (PSL), a Mumbai-based premium fashion house, has acquired online luxury fashion store Pernia’s Pop Up Shop (PPUS), a multi-brand e-commerce website, which has more than 500 Indian designer wear More...

By Raghuram Kadari On Wednesday, August 7th, 2019

Khiron selects Éxito to expand Kuida brand presence in Colombia

Cannabis company Khiron Life Sciences has signed a distribution agreement with retail company Grupo Éxito to increase the former’s Kuida brand’s consumer reach in Colombia. With a potential expansion planned More...

By businessnewstoday On Saturday, August 3rd, 2019

PlanetArt acquires Illinois-based Personal Creations from FTD

PlanetArt, a technology platform in the personalized products industry, has wrapped up the acquisition of Personal Creations from floral and gifting company FTD Companies for $18.1 million plus certain additional More...

By Raghuram Kadari On Saturday, July 27th, 2019

Retail technology news : Coles selects Accenture for digital transformation

Retail technology news : Australian supermarket company Coles Group has entered into a long-term digital transformation partnership with Accenture to save costs of up to AUD 1 billion over the next four years through More...