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Brazilian fashion group Pacífico Sul buys a majority stake in a major Latam’s activewear brand

New York – Brazilian fashion group Pacífico Sul has announced it has acquired a majority stake in Labellamafia, one of the leading Latin American clothing apparel brands. Although the price paid remains undisclosed, as well as the actual size of the stake, it is thought that both have come in "above market". The agreement also gives preference...

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