• Signa Retail Acquires Majority Stake in Premium/Luxury Fashion Platform Mybestbrands

    5 monthes ago - By WWD

    BERLIN - In a seemingly ongoing online shopping spree, Signa Retail has taken a majority stake in German premium and luxury Internet fashion mall, Mybestbrands.
    This is Signa Retail's seventh digitally oriented acquisition in 14 months and its second in less than a week. As reported, last Wednesday, Signa Retail, the parent company of Germany's Karstadt Department stores, acquired a 70 percent stake in German online marketplace Hood.de.
    The latest acquisition sees Signa Retail taking a 60 percent share of Mybestbrands, the remaining 40 percent staying with the company's founders Joerg...
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