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Mecox Lane Ltd announces spin-off of apparel and accessories business

Friday, 8 Aug 2014 04:47am EDT 

Mecox Lane Ltd:Says its board has approved a spin-off of the company's apparel and accessories business through the sale of Mixblu Ltd and its subsidiaries to Fast Fashion China Limited, pursuant to a share purchase agreement entered into as of Aug. 8.Deal is expected to close in September. 

Company Quote

-0.22 -6.38%
18 Dec 2014