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Chico’s Makes Corporate Governance Change Amid Acquisition Bid

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

As Chico’s FAS Inc. fields a bid to buy its business, the company is making changes to its corporate governance policies, which could improve its appeal. The changes came in response to a request by private equity firm Sycamore Partners—which recently lowered its big to buy the struggling women’s chain—for a special meeting under the…

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