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Saudi retail giants boost online footprint with Vogacloset deal

Two major Saudi retail players have joined forces to buy a combined 51 percent stake in UK-based e-commerce platform Vogacloset, it was announced on Wednesday. Retail franchise conglomerate Fawaz Abdulaziz Alhokair Co. (Alhokair) and shopping center operator Arabian Centers Company (ACC) will each own 25.5 percent of Vogacloset, at a…

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Click here to read the full story: Arab News

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