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OrotonGroup shareholder's rescue deal due this week

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Former Cue Clothing Company chief executive David Kesby could be appointed to the new board of troubled accessories retailer OrotonGroup under a rescue plan led by fund manager Will Vicars.

Mr Kesby has been advising OrotonGroup on its retail and property strategy since it collapsed last November owing about $40 million to creditors.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/retail/orotongroup-shareholders-rescue-deal-due-this-week-20180312-h0xdbk