USТ TJX Companies sells off RussiaТs apparel retail chain Familia
MOSCOW, May 29 (PRIME) -- The U.S.-based TJX Companies has sold off a 25% stake in RussiaТs off-price apparel retail chain Familia, TJX Companies said in a report on Monday.
УIn the 2023 financial year, ending on January 28, 2023, TJX Companies sold its stake in Familia to have impairment spending of U.S. $218 million,Ф the document read.
The stake was bought in 2019 for $225 billion. The founders of the chain Goldman Sachs and Baring Vostok were the other shareholders then.