Lyst, a fashion marketplace once valued at $700M, sells to Japan's Zozo for $154M [TechCrunch]
KERING SA UNSP/ADR (PPRUY)
NASDAQ:AMEX Investor Relations:
kering.com/en/finance
Company Research
Source: TechCrunch
million, has been acquired for just $154 million in cash by Zozo , a Japan-based fashion and e-commerce business. Zozo owns a number of fashion brands that include Wear by Zozo, Zozotown and Zozosuit, among others. You might have heard of Zozo for another reason, though: Its founder Yusaku Maezawa once had the “ most retweeted tweet ,” when he promised to give away 100 million yen in cash for retweeting it. Zozo said it will continue to operate U.K.-based Lyst as a standalone business, and its current CEO Emma McFerran is staying with the company. It goes without saying that Lyst sold for a price tag massively lower than its last valuation, but it's a sign of the times: The world of e-commerce is facing spectacular levels of uncertainty, and Lyst itself was dealing with headwinds from three different directions. First, U.S. tariff hikes are raising questions around the future of global trade, including the impact on smaller companies across the world that sell goods to U.S. co
Show less
Read more
Impact Snapshot
Event Time:
PPRUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PPRUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PPRUY alerts
High impacting KERING SA UNSP/ADR news events
Weekly update
A roundup of the hottest topics
PPRUY
News
- Kering and Ardian finalize a joint venture agreement for a landmark New York property [Yahoo! Finance]Yahoo! Finance
- Where To Buy Vintage Jewelry This Holiday Season [Forbes]Forbes
- ‘This does not have Hollywood glitter on it.' On making a Selena documentary only the archive could tell [Los Angeles Times (CA)]Los Angeles Times
- Kering: Financial information regarding the reclassification of Kering Beauté in accordance with IFRS 5 [Yahoo! Finance]Yahoo! Finance
- New York Fashion Week joins a growing list of fashion entities banning fur [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The