By  on April 11, 2012

Bankrupt Connaught Group has been sold in a bankruptcy court auction as a going concern to a joint venture called Forty-Three Eighty Co., whose winning bid is valued at more than $22 million.

The joint venture is comprised of Tom James Co., a men’s wear custom suit manufacturer, and Hong Kong-based Royal Spirit Group, Connaught’s largest vendor.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus