KNITWELL GROUP ADDS CHICO'S, WHITE HOUSE BLACK MARKET AND SOMA [Yahoo! Finance]
Chico's FAS, Inc. (CHS)
Last chico's fas, inc. earnings: 2/27 07:02 am
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Source: Yahoo! Finance
NEW YORK Jan. 5, 2024 /PRNewswire/ -- KnitWell Group ("KnitWell"), a company comprising industry-leading apparel brands Ann Taylor , LOFT, and Talbots, today announced it has added Chico's, White House Black Market and Soma to its portfolio. KnitWell also provides oversight and shared services to Lane Bryant , a leading plus-size women's apparel brand. This combination follows the sale of Chico's FAS to Sycamore Partners, a leading private equity firm specializing in consumer, distribution, and retail-related investments. "KnitWell is a best-in-class operating enterprise in the world of vertical specialty retail, comprising some of America's most iconic brands, committed to instilling confidence in the women they serve," said Lizanne Kindler , Executive Chair and Chief Executive Officer of KnitWell Group. "Chico's, White House Black Market and Soma fit perfectly into the portfolio as established and inspiring brands that generate sustainable, high-quality results. We are thrilled t
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