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Marks and Spencer partners with True to drive “digital innovation”

Marks and Spencer is pushing forward with its strategy of becoming a ‘digital-first’ retailer by partnering with True, Europe’s only specialist retail and consumer investment firm to access the latest retail-specific innovations and technologies to advance its “digital innovation”. In a press release, Marks and Spencer stated that the move mean...

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True acquires majority stake in kidswear brand Frugi

Private equity house True has acquired a majority stake in organic baby and kids clothing brand Frugi, and announces new chief executive to support the brand’s “ongoing scalable growth”. In a press statement, True stated that it would work with the existing management team to support Frugi’s expansion plans, while adding that Hugo Adams, former...