REITMANS TO ACQUIRE SHIRMAX FASHIONS
By Adnews Staff
Montreal-based Reitmans (Canada) Ltd. is acquiring Shirmax Fashions Ltd., also of Montreal, for $85.4 million. Reitmans is a women's and children's clothing retailer which operates 623 stores in Canada. Its banners include Reitmans, Smart Set, Dalmys, Penningtons and RW & CO. Shirmax is a retailer of women's plus size and maternity wear. It operates 174 stores under the banners Addition Elle, A/E Sports & Co., Lingerie by Addition Elle and Thyme Maternity. The acquisition is expected to be complete by the end of May.
« Back Next »
Comments
blog comments powered by Disqus