Knitwell Is Quietly Building A $6 Billion Fashion Powerhouse With Chico's Acquisition

The entrance to Chico's in New Orleans. (Photo by: Jeffrey Greenberg/Universal Images Group via ... [+] Getty Images)Universal Images Group via Getty Images In a deal valued at $1 billion priced at $7.60 per share, private equity firm Sycamore Partners just acquired special fashion retailer Chico’s FAS, including the flagship Chico’s brand along with White House Black Market and Soma intimates.The Chico’s brands will be merged under Sycamore’s recently formed Knitwell Group that includes the Ann Taylor and ...