Baring Vostok buys shares in Russian trend model 12 Storeez

Pic: 12 Storeez/Fb


Baring Vostok, an funding agency having shares within the Russian low-priced Familia chain, has bought a 12 per cent stake within the ladies’s clothes model 12 Storeez, whose co-founder Marina Golomazdina—who earlier owned 31 per cent of the agency—reportedly agreed to promote the stake to a brand new investor. The remaining shares belong to co-founders Ivan and Irina Khokhlov.

The model is predicted to increase into the European market sooner or later, in keeping with European trend media reviews.

Based in Yekaterinburg in 2014, 12 Storeez now has 35 shops and sells a restricted variety of fastidiously chosen objects each month, specializing in easy and chic designs. The corporate’s income elevated final yr by 36 per cent to three billion rubles ($ 40.3 million).

Fibre2Fashion Information Desk (DS)


Baring Vostok, an funding agency having shares within the Russian low-priced Familia chain, has bought a 12 per cent stake within the ladies’s clothes model 12 Storeez, whose co-founder Marina Golomazdina—who earlier owned 31 per cent of the corporate—reportedly agreed to promote the stake to a brand new investor. The remaining shares belong to Ivan and Irina Khokhlov.

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