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Brazil: Magazine Luiza retailer in crisis (again)

Magazine Luiza has taken the lead in the crisis involving itself, the bank Itaú and the founders of the e-commerce site KaBuM!

The retailer has been shielding Leandro and Thiago Ramos of KaBuM! since the brothers filed a lawsuit against Itaú, claiming that the financial institution favored Magalu in purchasing the site to the detriment of other interested parties, such as Havan.

From the Trajano family to the company's walls, everyone knows that the brothers' fury is centered on one issue: the overwhelming fall of Subscribe to our Premium Membership Plan. Already Subscribed?

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