How Mosaic Brands’ rapid expansion led to its devastating collapse
Inside Retail
MARCH 11, 2025
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 profit on sales of almost $111 million, with the profit certainly an improvement on the previous year. million and net earnings to a modest $3.3 million and net profits to $17.3
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