The move allows the French grocer to bulk up the nonfood part of its e-commerce business.
The Chinese conglomerate has outbid Qatari rival Mayhoola Group, according to sources with knowledge of the matter.
The tech giant continues its buying spree of off-line retail assets.
The firm also recently took over the Badgley Mischka license.
The Chinese parent of SMCP and Trinity is rapidly snapping up European high street and heritage brands.
The deal follows P&G’s acquisition of Native.
Feldenkreis is partnering with Fortress Investment Group, sources say.
Through Red Circle Investments, Rosso has entered the capital of Ubooker Worldwide Ltd, an app and a web site that allow clients to choose professional models and where models can gain exposure.