The American company which has a stake in David Beckham’s branded products portfolio has moved into pole position in the race to snap up Hunter Boot
China's BaoZun, a digital commerce group which owns Gap's operations in Greater China, remains interested in a deal if the talks with ABG falter, the source added.
Hunter, whose boots have frequently been seen adorning festival-going celebrities such as Kate Moss and the Princess of Wales, has been working with advisers at AlixPartners on the auction. Pall Mall Legacy owns the majority of Hunter's shares, with Searchlight Capital Partners, a private equity firm, and Pentland Group, the sportswear giant behind brands such as Speedo, holding the remainder.
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