Fashion investors and M&A bankers get ready. A lot of brands are going to be on the market over the course of the next few months. Fashion is in a perfect storm. Global demand is down. MatchesFashion’s collapse is threatening to put dozens of brands out of business. Saks is still delaying payments to brands. China, once the biggest growth engine, has become a tough place for business. This week, Richemont’s YOOX-Net-A-Porter announced that it was pulling out of China and that its joint venture with Alibaba, Feng Mao, was in liquidation.
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