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Apparel

Future group to exit Nike retailer

On grounds of limited influence in the SSIPL management and to avoid getting locked in for a year as per SEBI norms once SSIPL declares its IPO, the Future Group has decided to sell its minority shareholding in Rishab Soni promoted SSIPL Retail. SSIPL is the largest retailer and manufacturing partner of Nike shoes in India. The stake is held by...

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