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UK fashion brand on the brink of collapse, threatening hundreds of jobs
Authentic pledges not to repeat mistake of previous owners with excessive focus on luxury market
Retailer’s woes follow the administration of upmarket Hunter Boots
UK fashion group says £211mn offer represents ‘fair value’ despite its rejection of previous higher-value bids
UK fashion chain says it will now consider other offers it received last month
Investment from a consortium led by CVC values the group at a whopping $12.7bn
Deal is most recent example of soaring value of art and images in digital era
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