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Stephen Cheng's NUO Capital Invests in Slowear

3 days ago   |   By WWD

MILAN - NUO Capital has acquired a minority stake in Venetian high-end fashion company Slowear.
An investment vehicle backed by Hong Kong's Pao Cheng family, NUO will support the growth of Slowear in Asia levering on its strong network of private and institutional relationships in the Far East. The value of the operation was not disclosed.
Slowear currently operates the Incotex trouser label - its first and largest brand - as well as Zanone knitwear, Glanshirt shirtmaker and Montedoro outerwear.
“Our goal is to provide an important boost to the company's development, accelerating the...
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