Chico’s buying 12 Fitigues - East Valley Tribune: Business

Chico’s buying 12 Fitigues

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Posted: Tuesday, January 31, 2006 5:52 am | Updated: 2:30 pm, Fri Oct 7, 2011.

Chico’s, a national women’s retailer, announced Monday that it bought 12 of Scottsdalebased Fitigues’ 14 locations for an undisclosed amount.

Fitigues is a retailer of casual clothing for men, women and children that operates two Scottsdale locations, outlets in both Tucson and Scottsdale and stores across the country, including California, Texas and Florida.

The Fitigues’ Web site features a $158 fleece hoodie embellished with crystal stars and a girls dress with crystal straps that costs $108.

Chico executives said in a released statement that Fitigues’ lines complement their brand by appealing to an affluent customer with a focus on casual luxury. Fitigues will become a branded division of Chico’s FAS Inc.

Chico’s closed at $43.76, up $1.56, in Monday’s trading on the New York Stock Exchange. Based in Fort Myers, Fla., the retailer also operates White House Black Market and Soma stores.

In the East Valley, Chico’s has both Chico’s and White House Black Market stores at Dana Park in Mesa, Kierland Commons and Casa Paloma and Chandler Fashion Center in Chandler.

Kierland also features a Soma store.

There is a Chico’s outlet at Arizona Mills in Tempe and a retail store at The Borgata in Scottsdale.

Fitigues are located in DC Ranch and The Borgata in Scottsdale, as well as Georgia, South Carolina, Illinois and Kansas.

It is unclear which stores were purchased and which will remain independent.

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