How Mosaic Brands’ rapid expansion led to its devastating collapse
Inside Retail
MARCH 11, 2025
Noni B had struggled for sales growth from 2007 with earnings tumbling from $8.2 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 in 2006 to a $7.8
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