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LONDON — The ailing affluence lingerie cast Agent Provocateur has begin a new client in Four Holdings, the London-based appearance administering and retail company.
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Agent provocateur Maxene Dress in Black | Lyst | Agent Provocateur Zip DressAlix Partners, which had been hunting for buyers for the cast endemic by clandestine disinterestedness close 3i, said Agent Provocateur was placed into administration, or defalcation protection, anon afore the sale.
“Alix Partners can affirm that it has today been appointed ambassador over affluence lingerie banker Agent Provocateur. On appointment, we anon accomplished a auction of the business and assets of the aggregation to Four Holdings.”
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397 best Agent Provocateur images on Pinterest | Agent provocateur ... | Agent Provocateur Zip DressPeter Saville, a managing administrator and retail restructuring advance at Alix Partners acknowledgment the “staff and stakeholders for their abutment during this action and we ambition the business and its new owners all the best for the future.” Alix Partners specializes in ambagious companies bottomward and award owners for afflicted companies.
As arise beforehand this week, a auction was imminent, with an industry antecedent acknowledging that Agent Provocateur would best acceptable be put into what is accepted in the U.K. as “pre-pack administration,” or defalcation protection.
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146 best Dresses: Sexy images on Pinterest | Sexy dresses, Mini ... | Agent Provocateur Zip Dress3i, which acquired a majority pale in Agent Provocateur in 2007, has over the accomplished year been grappling with accounting irregularities that fabricated Agent Provocateur arise added acknowledged than it was. Late aftermost year, 3i began its chase for a buyer, with advice from the new chief controlling administrator Fabrizio Malverdi.
Earlier in 2016, 3i accepted it would advance a added 4 actor pounds, or $5.4 million, in the cast in the division catastrophe Sept. 30, and wrote bottomward the amount of its pale in the aggregation by 39 actor pounds, or $53 million, in the aboriginal half.
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MAXENE ZIP DRESS BLACK - Agent Provocateur - Pickture | Agent Provocateur Zip DressAccording to industry sources, Malverdi will be called ceo of the Italian cast Brioni already he exits Agent Provocateur.
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