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Kings of Indigo files for bankruptcy after failing to secure refinancing round

Denim brand Kings of Indigo (KOI) has announced that it has filed for bankruptcy after it said it was not possible to realise a new investment round in time. In a letter from its shareholders, the company said that it had not succeeded in arranging a refinancing in recent months, with it now preparing to look towards ways of continuing its...

17 Nov 2022