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Fashion

Redcats sells Ellos and Jotex to Nordic Capital

Luxury group PPR has announced that its Redcats unit had agreed to sell its Scandinavian brands Ellos and Jotex to Nordic Capital for an enterprise value of 275 million euro. PPR advanced that the transaction will be completed in the coming months. Redcats, the mail order unit belonging to PPR will finish the sale of home shopping brand Ellos...

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