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Gino Rossi agrees on Simple sale

Eurobuild CEE 05 March 2018
Gino Rossi agrees on Simple sale
Monnari intends to buy the brand from Gino Rossi
POLAND Gino Rossi has granted Monnari Trade exclusive negotiating rights for its sale of all the shares in Simple Creative Products.

Gino Rossi will sell the shares to Monnari for a price of no less than PLN 46 mln on condition of Monnari notifying the Office of Competition and Consumer Protection (UOKiK) of the intended takeover no later than March 30th 2018. Negotiations are expected to close by April 30th 2018. Simple is a premium-priced women’s fashion brand.


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