French retail group PPR said on Wednesday its Redcats unit had agreed to sell its plus-size fashion business OneStopPlus Group to private equity firms Charlesbank Capital Partners and Webster Capital for an enterprise value of $525 million. PPR said that the deal, which is expected to close during the first quarter of 2013, marked a further step in the group's transformation into a global luxury, sports and lifestyle retailer....
More Suggested Content:
Redcats Sells OneStopPlus to Private Equity Firms
December 6, 2012
From CNBC
French retail group PPR said on Wednesday its Redcats unit had agreed to sell its plus-size fashion business OneStopPlus Group to private equity firms Charlesbank Capital Partners and Webster Capital for an enterprise value of $525 million. PPR said that the deal, which is expected to close during the first quarter of 2013, marked a further step in the group's transformation into a global luxury, sports and lifestyle retailer.
Redcats USA Nears Sale
September 5, 2012
From New York Post
Francois-Henri Pinault is finally ready to end his fling with plus-size fashions. The French billionaire jet-setter — whose luxury conglomerate PPR failed to unload its troubled Redcats catalog unit last year — is close to selling the profitable U.S. division of Redcats,
The Post has learned. Redcats USA owns a stable of plus-size clothing catalogs and websites called OneStopPlus, which form the bulk of its business, sources told
The Post.
Managing the New Customer Relationship: Strategies to Engage the Social Customer and Build Lasting Value
Valuable Content Marketing
