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INEOS to buy British fashion brand Belstaff

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INEOS to buy British fashion brand Belstaff

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LONDON (Reuters) – INEOS [INEOSE.UL] has agreed to buy British fashion brand Belstaff from JAB Holding for an undisclosed price, the British company said on Monday. The deal is expected to close in the fourth quarter. The sale of Belstaff, which began making jackets in 1924, follows JAB’s agreement to sell Jimmy Choo, announced in July.

(Reporting by Martinne Geller, editing by Louise Heavens)
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