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The next year, Chico's FAS acquired White House Black Market, a women's clothing company that focuses on white, black, and other variants of the two colors. Chico's FAS also launched Soma, an intimate apparel boutique. [2] In 2006, Chico's FAS added 24 acres to the Fort Myers campus to support growth, and stock reached a high of $49.40. [2]
In 2003, Chico's FAS, Inc. purchased White House Black Market after the privately held firm went public. [6] The purchase price for the specialty retailer was $90M, with $85.6M in cash and about $4.4M in Chico's common stock. [7] In 2007, Donna M. Noce stepped into the role of White House Black Market brand President.
In 1985, the "Clifford & Wills" brand was launched, selling women's clothing that was more affordable than the Popular Merchandise line. [8] In 1987, two executives left the company to start their own catalog, Tweeds. [9] The 1980s marked a booming sales period for catalog retail giants Lands' End, Talbots, and L. L. Bean.
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On September 28, 2023, Sycamore signed an agreement to acquire Fort Myers, Florida–based Women's apparel retailer Chico's FAS for $938.1 million. As of July 29, 2023, Chico's runs 1,258 U.S. stores, and sells through 58 franchise locations in Mexico and two domestic airport franchises. [32]
Chico's may refer to: Chico's Bail Bonds, fictional company in the film The Bad News ... restaurant chain in El Paso, Texas; Chico's FAS, women's apparel retailer ...
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