New York & Co. (NWY) Tops Q3 EPS by 8c
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New York & Co. (NWY) to Acquire Fashion to Figure
November 28, 2017 6:49 AM ESTNew York & Company, Inc. (NYSE: NWY), a specialty womens apparel chain with 459 retail stores, today announced that it has entered into an asset purchase agreement to acquire certain assets of Fashion to Figure, a U.S. based retailer of trendy plus-size fashions, including intellectual property rights related to the Fashion to Figure® brand, for a cash purchase price of $1.4 million plus no more than $1.0 million of fees and expenses. The assets will be acquired by TFT Acquisition LLC, as the successful bidder at an auction run by Fashion to Figure, as part of its... More
