By  on February 20, 2012

PARIS — French fashion brand Sonia Rykiel and Fung Brands Ltd. said Monday they have finalized a deal that will see Fung Brands acquire 80 percent of the Rykiel business, leaving the Rykiel family with a 20 percent stake. Financial terms were not disclosed.

This story first appeared in the February 21, 2012 issue of WWD. Subscribe Today.

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