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Apparel

Koutons Retail shuts Charlie Outlaw outlets

As a part of its restructuring process, apparel manufacturer and retailer Koutons Retail has shut 150 more shops, mostly of its casual menswear brand Charlie Outlaw. The Delhi-based company, reeling under Rs 600-crores debt that carries an average interest cost of 14 per cent, is trying hard to meet with the conditions of the corporate...

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