CDC Enterprises has injected €1.6 million more into Avance Diffusion, parent company of Degré 7, Duvillard and other apparel brands, bringing up its total investment in the French company to €4.5 million since its first step in August 2010. Including other brands, Avance Diffusion had total revenues of more than €26 million in 2011. CDC Entreprises is a public investment company that uses a system of convertible bonds and warrants to finance small and medium-sized companies with a potential for development.

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