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Ssense founders reportedly join sales process, second round of job cuts initiated

A new report has suggested that the co-founders of Ssense have stepped in with a bid to potentially purchase the embattled e-tailer. According to an internal announcement seen via video and reported on by Business of Fashion (BoF), brothers Rami, Firas and Bassel Atallah have entered the sales process for the company they jointly launched back...

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Business

Ssense founders keep control as company secures 40 million in interim financing

The Canadian e-commerce platform Ssense remains, for the time being, under the control of its founders. CEO Rami Atallah and his brothers Firas and Bassel Atallah won the first round of their legal battle with their creditors, allowing them to maintain control of the company’s operations and advance its restructuring under their leadership....

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