Dutch private equity firm Fashion Fund I has broken up its Secon Group wholesale unit after selling its Turnover, Creenstone and Arrow brands.

The Fund bought Secon Group in 2006, but was forced to look into strategic alternatives last year after trading was hit by the economic slowdown. The decision was then taken to divest the various brands in the Secon Group.

Woman’s wear brand Turnover has been sold to Netherlands based Veldhoven Group, which also owns the Sandwich, Stills  and Nononsense labels.

Woman’s outerwear brand Creenstone has been bought by Dutch firm Luxor, which is run by entrepreneur Robbert Hawinkels and also owns the Shiwi beachwear brand.

While the Arrow men's wear brand has been taken over by Phillips-Van Heusen Corporation’s European operation, Tommy Hilfiger.

The brand rights of Another Woman and A-rticles have also been successfully disposed.

The break-up means the Fund – which was established in 2006 by the founders of Mexx – will now focus on expanding its other investments, which include the Vilebrequin French luxury resort-wear brand.