Lacoste family cedes control of clothing brand

Lacoste is to pass into Swiss hands after its chairman, the last member of the founding family to hold shares in the green crocodile brand of clothing, agreed on Wednesday to sell them to the Maus Frere textile group.
Lacoste is to pass into Swiss hands after its chairman, the last member of the founding family to hold shares in the green crocodile brand of clothing

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