VF takes stake in Splendid and Ella Moss

[Joelle]

VF takes stake in Splendid and Ella Moss
      

Despite the credit crunch and weak U.S. economy VF Corp went shopping again.
The company, once known for functional brands like Wrangler, Lee, Eastpak and JanSport, said on Wednesday it acquired a one-third interest in Mo Industries, owner of the Splendid and Ella Moss brands.
Terms of the deal were not disclosed, beyond saying that it valued the brands at [...]
         

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