top shadow
BODY

To receive more info from Naked Brand Group about a particular product, Click on the photo (photo will enlarge).



Added: Aug 2015


Added: Aug 2015


Added: Aug 2015


Added: Aug 2015


Added: Aug 2015

current news

Naked Now A Car Firm, Exits FOH Lingerie


(Filed Under wholesale Lingerie News). Naked Brand Group has changed its name to Cenntro Electric Group Limited (CAG) after joining with the electric vehicle company just before the new year, and “has divested its FOH Online business,” which offered Frederick’s of Hollywood lingerie.

After completing the transaction, which was first proposed in November, Cenntro’s new chairman and CEO, Peter Wang, “will lead the combined company. Naked’s former chairman and CEO Justin Davis-Rice and non-executive director Simon Tripp will remain on the board of the combined company.”

“We believe that today’s milestone combined with our unique commercial EV technology will help us accelerate the delivery of our commercial electric vehicles and take a significant share of the approximately $2.1 billion EV sales forecast by 2023,” according to Wang.

The company noted that “the shareholders of Naked immediately after the conclusion of the transaction own approximately 31.85% of the combined company, and CAG and its equity stakeholders own approximately 68.15%, on a fully diluted basis.”


more wholesale Lingerie News >>

Published 01-05-2022 by -

Related Articles

Naked Now A Car Firm, Exits FOH Lingerie
Naked Shareholders Approve EV Acquisition
Naked To Exit Lingerie, Join With Car Firm
Naked’s CEO Again Mentioned Possible Deal
Naked Stock Up After It Teased New M&A Deal
Naked Reports Bigger Loss On Lower Sales
Naked: ‘$270 Million In Cash And No Debt’
Naked: $46.9 Million In GameStop-Style Surge
Naked: Big Sales Drop, While Losses Continue
Naked Sells Naked Brand, Exits Heidi Klum


Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

Contact Information: (718)676-4444
Copyright © 2022 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2022 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow