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January 23, 2002

SOUTH AFRICA: LA Group Sells Jeans Stores To Rage

South African apparel and footwear giant LA Group has sold 14 of its LA Jeans and Oxygen stores to Rage Distribution, a Gauteng-based footwear and clothing retailer. Negotiations involving 13 more stores, including three or four possible closures are also underway, and according to LA's managing director Showkat Mukadam, expected to be finalised by the end of February.

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