C.banner
Chinese fashion conglomerate
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House of Fraser
Britain's House of Fraser said it would close some of its stores as a condition of securing new funds from international retailer C.banner (1028.HK), which will become the majority owner of the department stores group with a 51 percent stake.[3]
As of August 2018, C.banner have withdrawn from buying House of Fraser, causing the stores to go further into administration. [4]