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Fashion

Postie Plus seals sale of Babycity to private equity firm

New Zealander clothing retailer Postie Plus Group’s stakeholders strongly backed the sale of Babycity stores to a private equity-funded company led by former L V Martin chief executive Trevor Douthett, after the group posted third quarter sales are down 5 percent on top of the 4.6 percent decline in its first-half sales. “We are continuing the...

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