Investors commit another $26m to Australia fashion site The Iconic
Australian fashion online retailer The Iconic has picked up A$28 million ($26 million) through a new round of funding led by Verlinvest, a Belgium-based investment firm set up by the founding families of Anheuser-Busch InBev. Existing shareholders Investment AB Kinnevik and Summit Partners also participated.
"We have been working towards this investment for some months now and are pleased to confirm our participation, "said Frdric de Mevius, founder and chairman of Verlinvest. Having already raised A$50...
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