CACTUS GETS NEW OWNER
By Adnews Staff
Modes Gigi Canada Inc. of Montreal is buying the Cactus chain of upscale ladieswear boutiques from Reitmans (Canada) Ltd. of Montreal. Cactus has 15 outlets in Canada, four in Quebec, four in Toronto, three in Calgary and three in Vancouver. The deal is expected to close Jan. 31. Advertising will be handled in-house with the help of consultants. Retiman's acquired Cactus as part of its Dalmys (Canada) acquisition in March, 1996.
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