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Slipper brand Mahabis saved from administration by YYX Capital

London-based slipper brand Mahabis has been saved from administration by YYX Capital, the investment group co-headed by Simba Sleep founder James Cox. The acquisition, agreed with administrators KRE Corporate Recovery, has safeguarded the jobs of all Mahabis' staff. James Cox will take over as interim CEO, and YYX Capital will lend its expertise...

Jan 18, 2019