Alhokair and Arabian Centres boost online footprint with Vogacloset deal
Published 03 Mar,2021 via Arab News - Economy DUBAI - Saudi retail giants Alhokair and Arabian Centres Company (ACC) agreed to acquire a combined majority stake in Vogacloset, a UK-based online fashion platform.
It sells some 400 brands across women’s, men’s and kids’ fashion.
Post-transaction, Alhokair and ACC will own a combined 51 percent stake in Vogacloset, they said in a statement.
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