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December 12, 2012 02:04 pm GMT
Another new chapter is opening up for Rocket Internet, the incubator started and run by the Samwer Brothers in Germany. The company is today announcing that PPR,luxury and sport & lifestyle group, is taking a 10 million investment in Bigfoot I, the Rocket holding company that controls Russian fashion commerce site Lamoda, South American fashion site Dafiti and also has a stake in Namshi, the Samwer's fashion effort in the Middle East. It's the first strategic investment made in a Rocket e-commerce startup by a fashion operation.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_iqEUXDNQ0M/
Samwers Rocket Internet Picks Up Its First Luxury Goods Investor: PPR Puts $13M Into Lamoda And Dafitis Holding Company
Another new chapter is opening up for Rocket Internet, the incubator started and run by the Samwer Brothers in Germany. The company is today announcing that PPR,luxury and sport & lifestyle group, is taking a 10 million investment in Bigfoot I, the Rocket holding company that controls Russian fashion commerce site Lamoda, South American fashion site Dafiti and also has a stake in Namshi, the Samwer's fashion effort in the Middle East. It's the first strategic investment made in a Rocket e-commerce startup by a fashion operation.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_iqEUXDNQ0M/
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