TM Lewin could sell for £100m


The Independent reports that shirtmaker TM Lewin could go up
for sale for as much as £100 million. The retailer has held talks with advisory
firms over the past month about taking on the mandate to sell the chain after
the group saw its underlying profit fall by 18.4 percent to £12 million over
the year to March 2012, on record revenue of £106.5 million.

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