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Vancouver-based retailer Aritzia has acquired the iconic Los Angeles boutique, Fred Segal, the company announced Thursday.
The deal includes the intellectual property of Fred Segal as well as the long-term lease of its 8,100-square-foot flagship location at 8100 Melrose Avenue. The license for the Fred Segal name was most recently owned by Global Icons, which struggled to boost its business after the pandemic. Jeff Lotman, CEO of Global Icons, shuttered its two remaining stores in 2024 and…
