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Fashion

Founder Waheed Alli buys Koovs out of administration

Waheed Alli, founder of Indian online fashion company, Koovs Plc, has acquired the business and assets of Koovs from the administrators. The company was placed into administration after its largest shareholder, Future Lifestyle Fashions Limited (FLFL) failed to fulfil a contractual commitment to invest a further 6.8 million pounds into the...

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