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Apparel

Kering stands to sell La Redoute and Relais Colis in MBO

Kering's board members met on Wednesday to discuss the four offers the group has received for the purchase of mail order catalog Le Redoute and delivery network Realais Colis. They decided to go ahead and enter exclusive negotiations for a management buy out with Nathalie Balla, who is the current chairman and CEO of Le Redoute, and Eric...

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