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May 30, 2015 7:33 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of ZAO Gloria Jeans Corporation

Company Overview

ZAO Gloria Jeans Corporation engages in the manufacture and retail of denim garments for children and adults. The company’s products include trousers, skirts, suits, accessories, t-shirts, sweaters, jumpers, and winter jackets. It offers its products for girls and boys, teenagers, and young men and women. ZAO Gloria Jeans Corporation serves customers through its retail stores located in the Russian Federation and Ukraine. The company was founded in 1988 and is based in Rostov-on-Don, the Russian Federation. It has sales offices, and research and design centers in the Far Eastern, Volga, Northwestern, Siberian, Urals, Central, and Southern Federal districts of the Russian Federation, as well ...

184, Stachki Str.

Rostov-on-Don,  344090

Russia

Founded in 1988

Phone:

7 8632 61 89 01

Fax:

7 8632 61 89 02

Key Executives for ZAO Gloria Jeans Corporation

Founder, Chairman, Chief Executive Officer and President of CJSC
Age: 66
President and Chief Operating Officer
Head of Retail Department
Head of Production and Quality Control
Acting Chief Information Officer
Compensation as of Fiscal Year 2014.

ZAO Gloria Jeans Corporation Key Developments

Gloria Jeans Deal Called Off

Baring Vostok Fund (GP) L.P. and Goldman, Sachs & Co. talks to acquire 25% stake in ZAO Gloria Jeans Corporation for $250 million were called off due to the economic crisis, stated by Vladimir Melnikov, Ower of Gloria Jeans. Investors are still interested in Gloria Jeans and there could be a deal if the ruble stops falling.

Stake in Gloria Jeans May Be Sold

Negotiations on the sale of a stake in ZAO Gloria Jeans Corporation are allegedly under way. Baring Vostok Fund (GP) L.P., a foreign bank, a Chinese fund, and a Russian-Chinese investment fund are cited as the potential buyers. The deal may be closed in 2015.

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