Salewa invests in Turkey and China; Rauter quits

Salewa has set up a joint venture with Inspiration Outdoor Trading, which has been the Italian outdoor brand's distributor and licensee for China for nearly two years. Salewa is investing 40 million yuan renminbi (€4.8m-6.4m) in the company, in which it holds a stake of 60 percent. The two partners ...

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