Answear.com, Polish store with the headquarters in Kraków, debuted on the Warsaw Stock Exchange. On the day of the debut the shares of the company increased by almost 40%. Good financial results Answear.com is one of the biggest online clothing sales platforms, which operates on the market since 2011. Currently the company operates in seven…
Early in January 2022, the German Delivery Hero firm announced that it had inked a deal to buy a 39.4% share in the Spanish delivery app Glovo. Following the deferral of the Glovo purchase, in less than two weeks, the business announced the sale of a $150m share in Colombian courier Rappi. Early in January 2022,…
Amazon has launched Amazon Prime service in Poland on 12 October, thus covering millions of products in more than 30 categories, including cosmetics, electronics, sporting goods, books and toys. Customers of the service can now use unlimited free delivery of Prime-labeled products to their homes, parcel machines or pick-up points with no minimum order value. Prime Video movies and…
According to the resolution of the Supervisory Board of VRG S.A. adopted on 10 September 2021, Andrzej Jaworski was dismissed from the position of chairman of the board. His place will be taken until 10 December 2021 by Jan Pilch, who has so far served as deputy chairman of the company’s supervisory board. Another change…
The Spar chain is developing its own Bean Tree Cafe format and has just opened another outlet in Poland. The new cafe is located in Poznań and operates under the shop-in-shop formula. The Bean Tree Cafe project is present in other countries, including the Republic of South Africa, where it enjoys great popularity. The new…
Shoper has purchased 100% of shares in Shoplo Sp. z o.o. for up to PLN 17.5m. The acquisition will merge two platforms that rank among the most popular e-commerce solutions for running online shops in Poland. Shoper is the owner of an e-commerce platform for running an online shop in the SaaS (Software as a…
Adidas has decided to sell Reebok, which the company bought in 2006 for $3.8bn. The new owner is Authentic Brands Group, which is known for acquiring failing brands. The group purchased Reebok for $2.5bn. German company Adidas got rid of Reebok, which it incorporated in order to revolutionise the market and weaken its main competitor…
Bio Planet, a company operating on the organic food supply market, wants to transfer in H2 2021 its listing on the main market of the Warsaw Stock Exchange (GWP) from NewConnect, and has already applied to the Polish Financial Supervision Authority for approval of the prospectus. The company intends to offer 200,000 new shares without…
On 26 May 2021 at 9 a.m., Pepco shares were listed on the Warsaw Stock Exchange. The chain has been valued by investors at over 23 billion PLN. As it turned out, this is this year’s biggest debut on the Polish market, and Pepco has found itself among the 20 most important stock market players….
Pepco Group, owner of the Pepco, Poundland and Dealz chains, is planning to debut on the Warsaw Stock Exchange in the coming months. Originally, the debut was to take place in London, but due to the number of discounters on the Polish market, Warsaw was chosen. Already in November 2019, the group announced that it…
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