US EditionHunkemöller received 70 million euros from new owner - RetailDetail EU
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Hunkemöller received 70 million euros from new owner - RetailDetail EU
Hunkemöller‘s new owner, Redwood Capital Management, injected 70 million euros to get the lingerie chain, which was experiencing severe cash flow problems, back on track. However, there is still some dispute about the takeover itself. Just to stay afloat The capital injection was instrumental in Redwood’s acquisition of Hunkemöller in March, according to documents from a court in the United Statesas reported by Financieele Dagblad. At the beginn…
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