It next took over 44% of the company's stock, while another 56% was acquired by an investment firm managed or recommended by hedge fund Davidson Kempner.There will be no immediate job loss at JoJo Maman Bebe.
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The founder said she "Excited about the opportunities this new partnership will provide.As part of the deal, Laura Tenison will leave the business she founded nearly 30 years ago.
She added that she was "extremely proud" of the company's success. by making the company grow "From starting a kitchen table business becoming the UK's leading boutique mother and child brand.
Gwynn Milligan, who joined JoJo Maman Bebe in 2017 as Commercial Director. Take a senior management position The retailer has 87 brick-and-mortar stores across the UK. which will continue to trade
