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Ascena inks US$540m deal to sell Ann Taylor and other brands

2020-11-30 12:58:00| Daily apparel & textile news and comment - from just-style.com

Ascena Retail Group has struck a deal to sell its Ann Taylor, Loft, Lane Bryant, and Lou & Grey brands to private equity firm Sycamore Partners for US$540m.

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Swire Inks Purchase Agreement with Wastewater Treatment Firm WesTech

2020-11-25 11:17:05| OGI

WesTech Engineering Inc., an employee-owned company, and JS&S (Water Holdings) Inc., a subsidiary of John Swire & Sons Ltd., have signed a membership interest purchase agreement (MIPA) for the sale of WesTech to Swire.

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H&M inks five-year Circulose supply deal with Renewcell

2020-11-19 11:56:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion group H&M has struck a multi-year agreement with Renewcell which will see the textile recycling company supply it with thousands of tonnes of its pioneering virgin quality Circulose fibres made from unusable textile waste.

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Riverstone Holdings Inks Nearly $2.7 Billion Tank Terminal Deal

2020-11-10 18:00:00| OGI

Riverstone Holdings agreed to buy International-Matex Tank Terminals (IMTT) from Macquarie Infrastructure Corp. for total consideration of $2.685 billion.

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Amazon inks MoU with Silk Mark Organization of India

2020-11-10 11:48:00| Daily apparel & textile news and comment - from just-style.com

Amazon India has signed a Memorandum of Understanding (MoU) with the Silk Mark Organization of India (SMOI), which will see the platform launch an exclusive Silk Mark Store with Silk Mark labelled products through multiple sellers associated with the organisation - a move that will have a "significant impact" on the lives of numerous weavers and craftsmen associated with more than 4,200 Silk Mark Authorised Users across the country.

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