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India’s Future Lifestyle Fashions to acquire 29.9 percent stake in London-listed Koovs.com

India’s apparel group Future Lifestyle Fashions Ltd. will acquire a 29.9 percent stake in e-commerce fashion retailer Koovs, becoming the largest shareholder in the London-traded fashion site. “This investment would complement the existing value chain for FLFL as an integrated branded fashion player. FLFL’s strong retail presence backed by owned...

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