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Mosiac, the struggling company that owns womenswear brands Noni B, Katies, Autograph and more, said on Friday it needed to resolve a number of matters prior to the finalisation of its results and anticipated lodging them by the end of September. The probe was launched after the prosecutor’s office was alerted by France’s AMF market watchdog, a source had told Reuters. In March last year, the national financial prosecutor first revealed details of the investigation being launched in February 2020.
_____ This story has been corrected to say that the site of the encounter was the Red Rock Casino Resort and Spa, not the Red Rock Resort and Casino. The Associated Press left messages with Las Vegas police. A Red Rock spokesperson confirmed the encounter occurred at the Las Vegas property but declined to provide any details. “To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential,” recently appointed CEO Philippe Palazzi said in a statement.
