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CLUB MONACO BUYS VANCOUVER FRANCHISE

Upscale Toronto clothing retailer Club Monaco has bought the six Vancouver stores owned by its franchisee Hatten Fashion (International). The move was made because Club Monaco wants to renovate and expand the stores and the franchisee was unable to do that, executive vice-presdient and CEO Sol Nayman told Adnews last week. The company says renovations and expansions will begin immediately. Club Monaco operates 140 stores in Canada, the U.S., Japan, Korea and Thailand. In Canada, advertising for the company is done in-house.

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