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Lessons from Jones the Grocer's collapse

Private equity L Capital says they are working to rebuild the brand, open new stores

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What happened in the case of Jones the Grocer was that the active shareholder was not its best manager, said Mr Thakran.

Singapore

A LAWSUIT, bad debts and insolvency - these don't faze Ravi Thakran. For there are lessons even in adversity, the managing partner of L Capital Asia believes.

"We learn from every experience and many times the not-so-successful ones teach you more than the successful ones

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