JP Morgan news and archive

Hsg becomes majority shareholder of Golden Goose

Hsg has become the majority shareholder of Golden Goose Group. The international venture capital and private equity firm has completed the acquisition of a majority stake in the company. Marco Bizzarri appointed non-executive chairman with immediate effect Global investment company Temasek and True Light Capital, an asset manager wholly owned by...

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Business

Klarna to expand merchant services with J.P. Morgan Payments

Klarna, the AI-powered global payments network and shopping assistant, is partnering with J.P. Morgan Payments to allow its ‘Buy Now, Pay Later’ (BNPL) payment options available to businesses that rely on J.P. Morgan Payments for payment processing. J.P. Morgan Payments is the world's largest merchant acquirer and processes more than 2 trillion...

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Management|Beauty

Fresha secures 31 million US dollars in financing

London-based Fresha, the marketplace platform for beauty and wellness, has secured a 31 million US dollar venture debt facility from J.P. Morgan to accelerate its expansion into new markets and invest in machine learning and AI-powered robotics. Fresha offers subscription-free business software with embedded payment processing and a consumer...

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Business

LVMH appoints advisors, reports say, as it considers sale of Marc Jacobs

LVMH and Marc Jacobs are once again gracing the headlines this week, with speculation swirling around the potential sale of the New York-based brand. Despite efforts to quash rumors, whispers of a possible transaction persist, keeping industry observers on the edge of their seats. Last week, Bloomberg stirred the pot by reporting that LVMH, the...

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Report

JP Morgan increases stake in Inditex

The investment bank JP Morgan has raised its stake in Inditex to 3 percent. According to reports by Europa Press, the US investment bank’s stake in the Spanish retail group now represents 3.197 percent of the total capital and is valued at 3.4 billion euros (2.4 billion pounds). JP Morgan first acquired a stake in Inditex in 2012. At the time,...

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Business

JP Morgan increases stake in Inditex

The investment bank JP Morgan has raised its stake in Inditex to 3 percent. According to reports by Europa Press, the US investment bank’s stake in the Spanish retail group now represents 3.197 percent of the total capital and is valued at 3.4 billion euros (2.4 billion pounds). JP Morgan first acquired a stake in Inditex in 2012. At the time,...

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