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The probe was launched after the prosecutor’s office was alerted by France’s AMF market watchdog, a source had told Reuters. “To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential,” recently appointed CEO Philippe Palazzi said in a statement. Mosiac, the struggling company that owns womenswear brands Noni B, Katies, Autograph and more, said on Friday it needed to resolve a number of matters prior to the finalisation of its results and anticipated lodging them by the end of September.
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A Red Rock spokesperson confirmed the encounter occurred at the Las Vegas property but declined to provide any details. The Associated Press left messages with Las Vegas police.
