Kevin Shields launches record label

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My Bloody Valentine man launches new record label...

The label, titled Pickpocket, was set up with his friend Charlotte Marionneau, initially to put out a new EP by her band Le Volume Courbe.

Shields explained that the London-based band were planning to put out the EP - titled 'Theodaurus Rex' - with another label, but it will now come out on their imprint on November 14.

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