It seems Goldman Sachs is not the only financial powerhouse interested in investing in what they have termed the “N-11” countries. This morning Kleiner Perkins, the Palo Alto-based venture capitol firm that has become synonymous with internet investing has announced it is fronting $13 million worth of series four money funding for Trendyol.com, the fastest growing, biggest fashion etail site in Turkey. This has some very frightening implications for traditional designers and retailers. Read more
© The Financial Times Ltd 2015 FT and 'Financial Times' are trademarks of The Financial Times Ltd.