Textile News
Events
Corporate News
Member List
Directory
Encyclopedia
Products
Fibre
Yarn
Fabrics
Garments
Fashion
Accessories
MadeUps
Others
Indian Corporate Financial Results
Govt. Policies
Cotton USA Global Update
Album
Rupee Exchange Rates
Price Watch
Important Links
Career
Register Now
|
Member Login
Skip Navigation Links
Home
>
Corporate News
>
Corporate News Details
Corporate News
French fashion company Vivarte to sell Chevignon brand
French fashion company Vivarte recently decided to sell its Chevignon brand, whose 2018 sales was around $27 million and which employs 180 staff, to the Royer company and businessmen Stephane Collaert and Thierry Le Guenic. The group has been restructuring its business to improve its financial situation and disposing off assets to cut debt.
The company expects the sale of the Chevignon brand to be finalised in the first quarter of next year, pending regulatory approval, according to a new agency
report
.
Vivarte sold its Kookai fashion brand, Pataugas shoes and Spanish shoes brand Merkal last year, and its Andre shoe brand earlier this year.
<< Back To Corporate News
Related News