Changes in store at Miami Fashion Week

May 22, 2015 9:41 PM

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Changes in store at Miami Fashion Week

The founder of the annual event, Beth Sobol, and her partner in the venture sold the company behind the event to a group of European investors who plan a global expansion of the brand, a spokeswoman said.

Sobol and shareholder Aaron Perry each owned half of the company. The terms of the acquisition, which was completed last week, were not disclosed.

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