By  on October 31, 2019

LONDON — The Munich-based fashion brand Escada, a powerhouse of the Eighties and Nineties, has been sold to the private equity firm Regent, confirming reports in WWD earlier this week.

The Mittal family, which purchased Escada in 2009 after a bidding war, confirmed the news alongside Regent’s chairman Michael Reinstein. The terms of the deal were not disclosed.

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