E-commerce platform and fashion technology company Lyst will be sold to Zozo for $154 million, the companies announced Wednesday. Zozo, which operates Japan-based e-commerce platform Zozotown ...

In a move that could send ripples across the global fashion tech industry, Japan-based online fashion retailer Zozo Inc.

Zozo announced the acquisition of a 100% stake in UK-based fashion e-commerce platform operator Lyst Ltd. for USD 154 million, funded entirely from existing cash. The transaction is scheduled to ...