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20 March 2017

PVH's aim is True&Co as it closes acquisition

SoftBank has exited online lingerie retailer True&Co through an acquisition by apparel group PVH, five years after it invested as part of a $2m round.

Author: Robert Lavine, News Editor

Apparel manufacturer PVH has agreed to acquire US-based lingerie e-commerce company True&Co for an undisclosed amount, providing an exit for telecommunications and internet group SoftBank.