City Chic expands into €40 billion European curve market with new buy
City Chic expands into €40 billion European curve market with new buy By Imogen Bailey | 27 July 2021 City Chic has continued its international expansion, announcing that it has acquired European plus-size, eCommerce retailer Navabi for AUD$9.6 million in cash. The eTailer is the latest in a string of international acquisitions City Chic has made in the past two years, acquiring Avenue in 2019 and Evans in 2020. Signing the deal on July 23, City Chic acquired 100% of the shares in Navabi, including all assets and liabilities of the company. Navabi's assets include €2.1 million of cas...