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Retail

Provogue shut more than 60 stores last year

Apparel retailer Provogue has shut more than 60 stores last year and is even delaying the salaries of its employees. In last one year the company has rationalised store count and has only three stores operational in Mumbai, and around 40 in other parts of the country. Even the promoters are facing trouble as lenders are thinking of invoking...

18 Apr 2016