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Business

Mexx owner RNF Group acquired by HVEG Fashion Group

Two Dutch fashion groups are joining forces: RNF Group is being acquired by HVEG Fashion Group, the parties announced in a press release. The acquisition still has to be approved by the Dutch Authority for Consumers and Markets. RNF Group owns, among others, Mexx, Fred de la Bretoniere and Shabbies. It also has licenses for the development and...

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Mexx acquired for 21 million euros

Turkish company Eroglu Holding reportedly paid a total of 21 million euros for the restarted Dutch fashion label Mexx, a fraction of the price paid for the label when its founder Rattan Chadha first sold it off to American firm Liz Claiborne for 430 million dollars. The Turkish textile and retail company was revealed to be the new owners of Mexx...

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