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Apparel

Bestseller owner invests in Zalando

Bestseller owner and fashion entrepreneur, Anders Holch Povlsen, has acquired a 10 percent stake in Zalando, Europe’s leading online retailer for shoes and fashion. The online fashion retailer confirmed that that Holch Povlsen will acquire shares from several early-stage shareholders, such as European Founders Found, Holtzbrinck and Tengelmann....

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