Browsing: JP Morgan

Summit Partners announced on Tuesday that is investing €20m (R224m) in the German parent company of online fashion retailer Zando. Much of the cash will reportedly flow to the South African arm of the company. Last month, the European company secured an investment from JP Morgan

SA’s largest online fashion retailer, Zando, has secured an investment from JP Morgan Asset Management. The investment will be made through Zando’s German holding company and will see the US investment firm take a stake worth more than US$10m, though the exact figure has not been disclosed. The company