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City Chic records $21 million net loss amid rightsizing

City Chic records $21 million net loss amid rightsizing
ragtrader.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ragtrader.com.au Daily Mail and Mail on Sunday newspapers.

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Dream Big City needs donations to give gifts to underserved Portland kids and teens

Portland non-profit Dream Big City is trying to make sure every kid gets a gift this holiday season.This is their second year hosting Giving in PDX. They've s

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Yours clothing owner acquires plus-size brand Evans

British fashion retail group, AK Retail Holdings has strategically and successfully acquired the plus-size clothing brand, Evans Clothing.

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City Chic exits Europe, sells off Evans for $15.5 million

City Chic exits Europe, sells off Evans for $15.5 million
ragtrader.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ragtrader.com.au Daily Mail and Mail on Sunday newspapers.

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3 ASX specialty retail shares offering over 40% upside potential

Investors shopping for good value ASX shares, should browse the retail sector. Many retail shares have dropped steeply in 2022, but now offer sig...

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Arcadia administrators find buyer for Evans brand

Arcadia administrators find buyer for Evans brand
Updated / Monday, 21 Dec 2020
07:57
Philip Green owns the collapsed Arcadia fashion empire
Deloitte, the administrators of collapsed British fashion group Arcadia Group, said today it has agreed the sale of its Evans brand, e-commerce and wholesale business to City Chic Collective Limited for £23m.
Evans is the first Arcadia brand to be sold but today's deal excludes the Evans store network.
Deloitte said the stores will continue to trade for the time being.
City Chic is an omni-channel retailer specialising in plus-size women's apparel, footwear and accessories listed on the Australian Stock Exchange.
Philip Green's Arcadia fell into administration last month, putting over 13,000 jobs at risk and becoming Britain's biggest corporate casualty of the Covid-19 pandemic so far.

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UPDATE 1-Arcadia administrators sell Evans brand to Australia's City Chic

By Reuters Staff
(Adds detail)
LONDON, Dec 21 (Reuters) - Deloitte, the administrators of collapsed British fashion group Arcadia Group, said on Monday it has agreed the sale of its Evans brand, e-commerce and wholesale business to City Chic Collective Limited for 23 million pounds ($31 million).
Evans is the first Arcadia brand to be sold. The deal excludes the Evans store network. Deloitte said the stores will continue to trade for the time being.
City Chic is an omni-channel retailer specialising in plus-size women’s apparel, footwear and accessories listed on the Australian Stock Exchange.
Philip Green’s Arcadia fell into administration last month, putting over 13,000 jobs at risk and becoming Britain’s biggest corporate casualty of the COVID-19 pandemic so far.

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Arcadia administrators sell Evans brand to Australia's City Chic

Arcadia administrators sell Evans brand to Australia's City Chic
Reuters
21/12/2020
© Reuters/Stefan Wermuth
A customer walks past Arcadia group concessions in a Tesco Extra store in Woolwich, southeast London
LONDON (Reuters) - Deloitte, the administrators of collapsed British fashion group Arcadia Group, said on Monday it has agreed the sale of its Evans brand, e-commerce and wholesale business to City Chic Collective Limited for 23 million pounds ($31 million).
Evans is the first Arcadia brand to be sold. The deal excludes the Evans store network. Deloitte said the stores will continue to trade for the time being.
City Chic is an omni-channel retailer specialising in plus-size women’s apparel, footwear and accessories listed on the Australian Stock Exchange.

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