Bebe Stores and Great American Group JV acquires Charles Vögele

GAEBB Group, BV, a joint venture between Bebe Stores, Inc. and Great American Group, LLC has announced the acquisition of European fashion retailer Charles Vögele GmbH. The company said in a statement that GAEBB has purchased substantially all common stock and assets, including remaining store inventory and merchandise, real estate, intellectual property and certain other assets. The company added that purchase of Charles Vögele’s shares in Slovenia and Hungary was completed on September 25, 2018, and the purchase of its Austrian shares was completed on November 6, 2018.