Wednesday, November 29, 2017

New York & Company acquires bankrupt plus-size retailer

Fashion to Figure will live to see another day.

In an acquisition that will give it entry into the $21 billion women’s plus-size apparel market, New York & Company has entered into an agreement to purchase certain assets of Fashion to Figure for $1.4 million in cash (plus no more than $1.0 million of fees and expenses). Fashion to Figure, which filed for Chapter 11 protection on November 13, 2017, is currently holding liquidation sales at its stores.. . . more

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