Chinese Coatmaker Bosideng Close to Buying U.K. Apparel Chain
This article is for subscribers only.
Bosideng International Holdings Ltd., the Chinese coatmaker that runs a store in London’s West End, said it is close to buying a U.K. chain and has met with European luxury companies as it seeks deals on the continent.
Bosideng is close to acquiring an 80-store apparel chain in England to sell its down jackets, and is also in early talks with European high-end coat brands about making a possible acquisition, Julie Sun, the company’s vice-president for corporate strategy and investor relations, said in a Sept. 24 interview.