Fashion-brands owner the Collected Group won court approval for a bankruptcy exit plan that will keep its largest shareholder KKR & Co. in charge, after a deal with unsecured creditors.
KKR-backed seller of Joie, Current/Elliott and Equipment fashions to exit bankruptcy.
The Collected Group is a designer and distributor of women’s contemporary apparel. It is the design and distribution force behind Joie, Current/Elliott and Equipment apparel labels, that are sold through department stores and, before the pandemic, in some of its own retail stores, and online.
Source: Wall Street Journal
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