×
178
Fashion Jobs
RUDRAKSHA CERAMICS PRIVATE LIMITED
Area Sales Manager
Permanent · Pune
PUMA
Manager- Returns And Spf Operations
Permanent · Bengaluru
TECHNOVALUE SOLUTIONS PVT. LTD
Senior Sales Engineer / Area Sales Manager
Permanent · Baddi
TOUCH MOBILES
Wanted Area Sales Manager - Touch Mobiles
Permanent · Khammam
OAKBRIDGE PUBLISHING PVT LTD
Area Sales Manager
Permanent · Pune
AVANTOR
sr. Account Manager- Lab Products
Permanent · Kolkata
ANTLIA FINTECH PRIVATE LIMITED
Area Sales Manager
Permanent · Prayagraj
EXTRAMARKS EDUCATION
Area Sales Manager- B2B
Permanent · Hyderabad
ERA UNIVERSITY (ERA EDUCATIONAL TRUST)
Production Manager- Lucknow
Permanent · Lucknow
RENOVATE BIOLOGICALS PVT LTD
Area Sales Manager
Permanent · Hyderabad
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
sr. Area Sales Manager / Territory Sales Manager - Fmcg Personal Care
Permanent · Purulia
NASCENT INFO TECHNOLOGIES PVT. LTD.
Sales Manager(Egovernance Software Solutions)
Permanent · Ahmedabad
MOTILAL OSWAL FINANCIAL SERVICES
Opening For Territory Manager B2B Sales - Mumbai
Permanent · Navi Mumbai
NAGA LIMITED
Manager - Production
Permanent · Dindigul
JIO
jc Home Lead - Coimbatore & Tiruppur - Sales Manager
Permanent · Tiruppur
AVANTOR
Area Sales Manager || Patna/Ranchi
Permanent · Ranchi
BDO INDIA LLP
Cnc Manager Production Manager Minimum 14 Yrs to 18 Yrs
Permanent · Chennai
KENT RO SYSTEMS
Corporate Sales Manager
Permanent · Chennai
AS
Opening For Production Manager in Leading Sweets Mfg Company
Permanent · Thane
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
SRL DIAGNOSTICS
Territory Development Manager
Permanent · Prayagraj
NATURELAND ORGANIC FOODS PRIVATE LIMITED
Area Sales Manager (Maharashtra)
Permanent · Mumbai
By
Reuters API
Published
Jul 4, 2017
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Debt-laden Vivarte sells clothes group Kookai to Australia's Magi

By
Reuters API
Published
Jul 4, 2017

Private-equity backed French clothing retailer Vivarte, which is aiming to restructure more than 1.3 billion euros (0.77 billion pounds)of debt, has agreed to offload its Kookai brand to Australian company Magi as part of Vivarte's ongoing sell-off programme.


Photo: Kookai


The sale of Kookai, announced by Vivarte on Tuesday, comes two months after it struck a similar deal to sell its Pataugas shoe brand to Hopps Group.

The financial terms of the sale of Kookai, which last reported annual revenue of 76 million euros, were not disclosed.

Family-owned company Magi had 2016 sales of 105 million Australian dollars ($80 million), and Magi already operates 39 Kookai stores in Australia.

Vivarte has been owned since 2014 by a group led by investment funds Alcentra, Babson, Oaktree and GLG Partners.

Vivarte's profits and sales have fallen amid competition from larger clothing retail chains such as H&M , Kiabi and Primark, leading to the company's decision to restructure its business in order to improve its financial fortunes.
 

© Thomson Reuters 2022 All rights reserved.