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Fashion

Fung Brands seals acquisition of 80% of Sonia Rykiel

Less than a month after the negotiations between the two parties became public, the Rykiel family and Hong Kong- based Fung Brands have sealed an agreement for the latter to acquire the 80% of the French ready-to-wear coveted brand. Sonia Rykiel has been looking for an investment partner for some time and discussions have taken place with a...

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