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The decision was made in 2003 to close all of the former Davison's/Macy's stores in Atlanta (no new Macy's stores had been built in Atlanta since Town Center at Cobb in 1986) and co-brand Rich's as Rich's-Macy's. The only original Macy's/Davison's store to remain open is Northlake Mall - originally the downtown Atlanta store was to remain open ...
The brand's early success was attributed to its association with hip-hop culture, which was growing in popularity at the time. [3] Phat Farm became a recognizable name in urban fashion and expanded its product offerings to include women's clothing as well. [4] In 2004, Phat Farm was sold to the Kellwood Company for a reported $140 million. [5]
In April 2023, fashion retailer Express and management firm WHP Global agreed to acquire Bonobos from Walmart for a combined $75 million. Express would obtain the operating assets and liabilities for $25 million and WHP Global would obtain the brand for $50 million, with Express agreeing to license the brand rights in exchange for royalty fees. [3]
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In 1905, Moses Hartz established a men’s clothing manufacturing company, which was taken over by his widow Lena Hartz in 1921. Their daughter, Anna Hartz, was a traveling salesperson for the firm. Although they were rivals in the business, Anna married Joseph Bank and in 1922, Joseph joined forces with his new mother-in-law and formed L ...
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