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Australian luxury handbag label Oroton rescued by Caledonia Funds Management

The struggling luxury handbag retailer has been saved by the bell: a fellow Australian wealth fund manager has rescued Oroton from the administration, throwing some light into the ailing Australian retail sector. “Importantly the proposal would allow Oroton Group to remain to trade and avoid a break-up of the business to the detriment of...

27 Dec 2017

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