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Aurora Fashions to sell Bastyan stake

Aurora Fashions, the group that owns Coast and Warehouse, is to sell its stake in ailing fashion brand Bastyan.Aurora’s profits dropped 2.3 million pounds to 12.7 million pounds in the full year to the end of February, 2012, due mostly to the non-performing of the brand. Aurora chairman Derek Lovelock told Drapers: “We launched the brand with a...

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