New York & Company, Inc.
New York & Company has taken a bite out of fashion's big apple. The chain caters to working women ages 25 to 45 looking for moderately priced apparel (jeans, dresses, and coordinates) and accessories (sunglasses, costume jewelry, handbags, and hosiery), mostly at the mall. It sells its proprietary branded fashions at more than 500 stores, including a growing number of New York & Company Outlet shops, in 40-plus states and online. Founded in 1918 and operated as a subsidiary of Limited Brands (since renamed L Brands) from 1985 to 2002, the chain was sold for $153 million to an investor team including former CEO Richard Crystal and Irving Place Capital, who took New York & Company public in 2004.
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