71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
ADIDAS
ic pp Data & Analytics Specialist - em
Permanent · CAPE TOWN
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
By
Reuters API
Published
Oct 8, 2018
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H&M takes stake in Swedish fintech firm Klarna

By
Reuters API
Published
Oct 8, 2018

Fashion chain H&M is acquiring a stake in Swedish fintech company Klarna, the Financial Times reported.


Reuters


The world's second-largest clothes retailer is paying SEK 185 million (15.6 million pounds) for a stake of less than 1 percent in Klarna, which is issuing new shares to H&M, people involved in the transaction told FT. 

The deal will start in 14 European countries, starting with the U.K. and Sweden, but has the scope to expand to the U.S. and Asia, according to Klarna, the FT reported.
 
The deal promises to simplify H&M's returns and delivery processes which has been a source of frustration to many customers as well as combining its in-store, online and mobile payments, the newspaper added.

Klarna Chief Executive Sebastian Siemiatkowski told the Financial Times that the deal would be the company's largest partnership following similar deals with UK retailer Asos and furniture giant Ikea.

Traditional retailers like H&M have been facing increased competition in the online fashion market from e-commerce giants like Amazon.com Inc.

H&M and Klarna were not immediately available for comment.

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