How Mosaic Brands’ rapid expansion led to its devastating collapse
Inside Retail
MARCH 11, 2025
million in 2006 to a $7.8 million and net earnings to a modest $3.3 million and net profits to $17.3 Alceon acquired Noni B in 2014 at what it no doubt thought was a bargain price of 51 cents a share, valuing the retailer at $16.4 million, but Noni B’s best days were behind it. million loss in 2014.
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