Chico’s FAS, Inc., a prominent name in the fashion retail industry, announced the completion of its acquisition by Sycamore Partners, a private equity firm known for its investments in the consumer and retail sectors. The transaction, valued at approximately $1 billion, was settled at $7.60 per share in an all-cash deal, leading to the delisting […]
KnitWell Group, comprising iconic apparel brands Ann Taylor, LOFT, and Talbots, has announced the acquisition of Chico’s, White House Black Market, and Soma, further expanding its retail portfolio. Following Chico’s FAS’s sale to Sycamore Partners, a private equity firm specializing in consumer and retail investments, KnitWell has added these established brands to its portfolio. Lizanne […]
