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Adanola secures investment from Story3 Capital Partners
British women’s athleisure brand Adanola is looking to drive growth and expansion in the US after receiving a “significant” minority investment from Los Angeles-based private equity firm Story3 Capital Partners. Adanola, founded by Hyrum Cook in 2015, said the new strategic partnership marks an “important milestone” in its ongoing expansion...
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South Korean Naver acquires Wallapop
Madrid – Naver, a South Korean technology company often referred to as the "Google" of its home country, has acquired Wallapop, the popular Spanish second-hand platform. Founded in Barcelona in 2013, Wallapop is credited with popularizing consumer-to-consumer (C2C) resale in Spain, including for fashion items and accessories. This acquisition is...
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