The Company expects to begin using the facility in the first quarter of fiscal 2006 to accommodate the expansion of the direct to consumer business for the White House | Black Market and Soma by Chico's brands. The aggregate cost of this acquisition was $3.1 million, which was also funded from the Company's existing cash and marketable securities balances.
Asual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items retailer The Chico's FAS operates 715 women's specialty stores, including stores in 47 states, the District of Columbia, the US Virgin Islands and Puerto Rico operating under the Chico's, White House | Black Market and Soma by Chico's names.
The Company owns 477 Chico's front-line stores, 28 Chico's outlet stores, 182 White House | Black Market front-line stores, 5 White House | Black Market outlet stores and 10 Soma by Chico's stores; franchisees own and operate 13 Chico's stores.
marketing@alchempro.com
