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New York & Co. and Fashion to Figure Nameplates Get New Lease on Life

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Bankrupt RTW Retailwinds Inc. has sold its New York & Co. and Fashion to Figure businesses to Saadia Group LLC for $40 million, plus the assumption of certain liabilities. The move takes the labels distribution solely online and will result in more than 300 store closures. RTW had entered into an agreement with Sunrise Brands…

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