Yue Yuen Sells Haggar Parent
The Chinese footwear maker is selling its Texas Clothing Holding Corp. subsidiary to Randa Accessories for $230 million plus a $16 million earnout tied to future sales of Haggar branded products through 2023. TCHC, which has been owned entirely by YY since it bought out minority stakeholders in 2017, had 2018 net income of ... Log in to view full article.