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MARKS SPENCER is always to take into consideration getting the licence for its Agent Provocateurdesigned Salon Rose underwear so that you can make sure that the saucy knickers and bras will continue to become sold in its retailers subsequent year.Uncertainty has been hanging more than Salon Rose, one of Marks handful of recent solution achievement stories during the last complicated year, given that Coats Viyella last month announced that it would cease creating garments for the struggling retailing giant.Coats makes Salon Rose underwear beneath licence with louboutin sale uk Provocateur for M and that is portion on the clothing organization now up for sale.
Its M business is at present lossmaking, and Coats last month announced that its losses have doubled to for the six months to June. An christian louboutin uk sale spokesman last night admitted: "We choose to hold Salon Rose as a part of our business enterprise. To become certain that Salon Rose remains in our retailers, we'll think about getting the licence ourselves. The connection between the two firms has come to be strained in current months and M claimed that Coats' choice to pull out of making its garments came as a massive surprise.
Last month, Coats appointed accountancy firm Deloitte Touche to handle the sale. Yesterday, Kazia Kantor, Coats' finance director, stated: "We are progressing effectively with the talks. It's at a delicate stage of negotiations, but I can't comment around the possible purchasers, nor the timetable."One particular interested purchaser is understood to be Li Fung, a Hong Kongbased trading enterprise. Nonetheless, its managing director, William Fung, is said to have taken offence that chairman Luc Vandevelde refused to return his phone calls when he wanted to talk about his possible offer you.
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