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PPR to sell childrensw​ear brands

French luxury conglomerate PPR is expected to sell its Cyrillus and Vertbaudet childrenswear brands to Alpha Private Equity Fund. The sale is likely to net the company 119 million euros as the company re-focuses its brand portfolio with high-end fashion and sports brands. PPR, also the parent company of Gucci, Stella McCartney and Alexander...

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