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Fashion

Bosideng buys Jessie chain for US$142 million

Bosideng International Holdings, China’s biggest manufacturer of down wear, has agreed the purchase of 70% of the ‘Jessie’ women’s apparel chain for cash and stock worth about RMB892 million (approximately US$142 million). As explained in an official note from Bosideng, they have acquired 70% shares of Talent Shine Limited and Sunny Bright...

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