Signal: Fashion’s five key deals of 2023
This year saw fashion brands plagued by high energy and material costs on the manufacturing end of the supply chain…
Chico's FAS
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Week in review: Are storm clouds on the horizon for fashion sector?
Last week saw two European sports companies fall on hard times despite the activewear category usually being one of the…
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Chico’s FAS reports ‘consistent profitability’ in Q3 ahead of acquisition
Chico’s FAS reported a net income of $5m in Q3 2023, down from $24.6m in Q3 2022. However, it says…
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Signal: Sycamore Partners’ financial firepower will fuel Chico’s FAS growth
Chico’s FAS Inc owns brands including White House Black Market, Soma and Chico’s and has existed in the US since…
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Sycamore Partners to take Chico’s private in a $1bn deal
Chico's shareholders will receive $7.60 in cash per share, which stands at a 65% premium when compared to the company's…
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Chico’s Canada adds to raft of bankruptcy filings
The Canadian arm of fashion retailer Chico's FAS has filed for bankruptcy, resulting in the closure of ten stores. Chico's…
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US Q1 in brief – VF Corp, J.Jill, Francesca’s
In the latest first-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic…
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Retailers begin to outline store reopening plans – Update
Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations…
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US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp
In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in…
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Langenstein named chief in Chico’s FAS shakeup
US womenswear retailer Chico's FAS has outlined a leadership shakeup that sees Molly Langenstein, president of its two largest brands, promoted to group president and CEO,…