Chico's To Buy Rival Retailer For $205M
Chico's, which also announced a 42 percent increase in quarterly profit, expects Boston Proper to immediately boost earnings, even before the companies meld their similar businesses and eliminate redundancies, the retailer said. The companies can merge marketing, circulation and sourcing, among other efforts, Chico's said.
"Boston Proper has grown and thrived by offering women daring, modern fashion...
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