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Bankrupt British Shirtmaker Sold Again

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

British men’s wear maker TM Lewin was sold to a lender after its second brush with bankruptcy in the past two years. Petra Group purchased the 124-year-old shirt maker, administrators Will Wright and Chris Pole of Interpath Advisory confirmed Friday, after Marks & Spencer and Mike Ashley’s Frasers Group had also expressed in the maker…

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