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Business News

Shoon steps up for Jane Shilton

The shoe retailer Shoon is poised to acquire Jane Shilton's footwear brand. Shoon, which is owned by the restructuring firm GA Europe, will buy Jane Shilton's 39 department store concessions, such as in retailers Browns and Beales.

GA Europe will provide the funding for Shoon, which has 10 UK stores, to also buy the Jane Shilton footwear licence and associated stock on completion. GA supported an MBO of Shoon last year.