CCX 0.00% 12.5¢ city chic collective limited

ASX-listed specialty women’s wear retail City Chic is expected...

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    ASX-listed specialty women’s wear retail City Chic is expected to raise about $25 million from investors and has sold its American brand, Avenue, to a cashed-up offshore buyer as it seeks to re-set the business after a torrid few years.

    Canaccord Genuity is lead manager on the capital raising and started wall-crossing listed equities investors on Tuesday.

    INFORMATION FROM ONLINE SOURCE - The Australian Financial Review.
 
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