Source: The Australian Financial Review. By: Sue Mitchell. After coming close to collapse in 2014, Noni B is set to become Australia’s largest women’s wear retailer after outlaying $31 million for Specialty Fashion Group’s loss-making Millers, Katies, Crossroads, Autograph and Rivers brands. The deal, revealed by......
Source: The Australian Financial Review. By: Chanticleer. For a while there it seemed like anyone who mentioned Speciality Fashion Group was legally required to use the word “struggling” before its name. But after Monday’s deal, which will see the group sell most of itself to fellow......
Source: The Sydney Morning Herald. By: Patrick Hatch. Private equity giant Anchorage Capital Partners has lobbed a $100 million bid to carve up troubled retailer Specialty Fashion Group, but one investor says shareholders have no way of knowing if it is a good deal or not. The......
Source: The Australian Financial Review. By: Sue Mitchell. Specialty Fashion Group’s largest institutional shareholder, Lazard Asset Management, is backing calls for an equity raising rather than a fire sale after knocking back an offer for its 13 per cent stake from a potential bidder. It......
Source: The Australian Financial Review. By: Chanticleer. It might seem incongruous that anyone could get too exercised about the fate of perennially struggling fashion group Specialty Fashion. In a sector full of companies clinging to life, Specialty has at times looked like a candidate for......
Source: The Australian Financial Review By: Sarah Thompson, Anthony Macdonald & Joyce Moullakis. Activist investor Sandon Capital is calling on the directors of embattled retailer Specialty Fashion to rethink their strategy and consider an equity raising to salvage the company’s balance sheet. Street Talk can......
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