Immotion Group Plc (GB:HUD) has released an update.
Immotion Group Plc has formed a strategic partnership with Wicked Vision Limited, who will now manage and grow the Let’s Explore brand, taking over day-to-day operations and gaining a 50% stake after certain conditions are met. This collaboration aims to enhance financial and operational efficiencies and expand the Let’s Explore product distribution globally through various retail channels. The deal allows Immotion Group to concentrate on growing their FMCG e-commerce businesses while leveraging Wicked Vision’s 25 years of retail distribution experience.
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