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Borderfree adds 120 markets
New York - Borderfree, provider of international cross-border e-commerce solutions, has expanded its platform to reach more than 220 countries and territories. This expansion of scope includes an additional 120 countries and 15 currencies.
Key emerging luxury markets Borderfree will now sell to include Nigeria and Kazakhstan. Both markets offer opportunities for e-commerce expansion due to increasing smartphone saturation and discretionary spending.
The additional countries will be available to Borderfree customers starting this June. -
Authentic Brands Group completes purchase of Frederick’s of Hollywood
New York — Authentic Brands Group LLC (ABG) , whose brands include Jones New York and Juicy Couture, has closed on its purchase of Frederick's of Hollywood Group for an undisclosed sum. Previous reports indicated the acquisition agreement, announced in April 2015, was for $22.5 million.

