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Chico’s Cuts Down on Sourcing Agents, Bumps Store Closures to Possibly 330

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Chico’s FAS is leaning on its Soma brand to help effect a turnaround in 2021, with the women’s fashion retailer aiming to roll out “store-in-store” concepts for the intimates and loungewear brand in 50 Chico’s boutiques. Soma was by far the best performer of the three brands in the fourth quarter, pulling off 16 percent…

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