stake

Nordstrom buys stake in Topshop and Topman fashion brands in deal with UK online giant Asos

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Nordstrom buys stake in Topshop and Topman fashion brands in deal with UK online giant Asos

British online giant Asos took over Topshop and related brands in February and given millennial-oriented brands a new home, as this graphic on its website shows. Nordstrom has just taken a minority stake in the brands as part of a deal with Asos. Nordstrom has acquired a minority stake in fashion brands Topshop, Topman, Miss … Read more

Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company – TechCrunch

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Virgin Galactic Chairman Chamath Palihapitiya sells off remaining personal stake in the space company – TechCrunch

The man who probably ushered in the current SPAC rush with the merger of Virgin Galactic with his holding company Social Capital Hedosophia has sold the rest of his personal stakes in the space tourism company. Chamath Palihapitiya, who serves as Virgin Galactic’s chief executive officer, still owns 6.2% of the company’s shares in partnership … Read more