CHARMING SHOPPES AGREES TO ACQUIRE MODERN WOMAN.(Brief Article)

From: WWD | Date: July 19, 1999 | Copyright information

BENSALEM, Pa. -- Charming Shoppes Inc. has agreed to acquire the 137-unit Modern Woman large-size apparel chain for $10 million. Charming expects to close the deal by the end of this month.

Dorrit J. Bern, chief executive officer and president of Charming Shoppes, said the acquisition gives Charming the opportunity to expand its large-size business by using the Modern Woman name.

A Charming Shoppes spokeswoman said women's large sizes account for about 40 pe...

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