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| Friday, September 05, 2008 23:45:26 |
China Dongxiang to purchase Japanese sportswear brands
Beijing-based sportswear group China Dongxiang (HK 3818) said Tuesday it plans to buy Japanese counterpart Phenix Co, China Business Net reported. Phenix owns ski and outdoor clothing brand Phenix and holds the rights to Italian sportswear brand Kappa in Japan. Dongxiang, which raised US$702 million through a Hong Kong IPO last October, owns the rights to ...
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