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Acne Studios has sold minority stakes to China-focused investment firm IDG Capital and Hong Kong-based I.T Group, ending almost a year of speculation that the brand would be acquired by a larger rival. Acne, one of the earliest and most successful purveyors…
Skiing brand Rossignol Group has signed an agreement with IDG Capital, a US-based, China-focused investment firm, to launch the brand through Chinese retailers. China’s sports tourism market has had double-digit growth since 2011, and growth forecasts over…
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