Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Women’s wear retail City Chic is seeking to raise about $25 million to shore up its balance sheet, sources said. Canaccord Genuity is sole lead manager on the equity raising and started wall-crossing investors on Tuesday.
The company is also expected to announce the divestment of its Avenue brand. Its shares have been placed in a trading halt. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe.
Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. Street Talk understands the plus-size fashion retailer has fielded several informal approaches for its North American business..
