Online marketplace Fruugo explores sale of business

Online marketplace Fruugo has hired bankers to pursue a sale.
The etailer, which was once considered a prime candidate to float on the London stock market, has recruited DC Advisory to explore options for its future, Sky News reported.
Fruugo, founded in 2006, helps consumer brands localise themselves when selling to international audiences and counts ex-M&S chair Lord Rose of Monewden among its shareholders.Subscribe to Retail Gazette for free
 Sign up here to get the latest news