Chico's FAS - About the company
Chico's FAS is an acquired company based in Fort Myers (United States), founded in 1983 by Marvin Gralnick. It operates as a Retail chain of private branded apparel wear for women. Chico's FAS has raised an undisclosed amount in funding. The company has 2776 active competitors, including 105 funded and 194 that have exited. Its top competitors include companies like American Eagle Outfitters, Cider and True Religion Apparel.
Company Details
Chico's FAS, Inc. is a specialty retailer of women's private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items operating under the Chico's, White House/Black Market (WH/BM), Soma Intimates (Soma) and Boston Proper brand names. As of October 31, 2015, the Company operated 1,546 stores in the US and Canada and sold merchandise through franchise locations in Mexico The Chico's brand sells designed, private branded clothing focusing on women 40 and over. The WHBM brand offers feminine and alternative to designer fashion selling fashionable and clothing and accessory items, primarily in black and white and related shades with seasonal color splashes. The Soma brand sells designed private branded lingerie, loungewear and beauty products women who are 35 years old and over. The Boston Proper brand sells women's apparel and accessories, marketed to affluent women between 35-55 years old. Chico sold its Boston Proper Brand and associated business to Brentwood Associates in 2016.
- Website
- chicosfas.com
- Email ID
- *****@chicos.com
- Registered Address
- Fort Myers, Florida
Key Metrics
Founded Year
1983
Location
Fort Myers, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
51st among 2776 active competitors
Annual Revenue
$2.14B as on Jan 31, 2023
Employee Count
10,336 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Sycamore Partners (Sep 28, 2023)
Legal entities associated with Chico's FAS
Chico's FAS is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHICO'S FAS, INC. CIN: 592389435 , United States, Active | Dec 26, 999 | $2.14B (As on Jan 31, 2023) | 10481 (As on Dec 31, 2024) | - |
CHICOS FAS INC CIN: 897429 , United States, Active | $2.13B (As on Jan 31, 2019) | - | - |
Chico's FAS's acquisition details
Chico's FAS got acquired by Sycamore Partners on Sep 28, 2023. It was facilitated by Kirkland & Ellis, Paul, Weiss, Rifkind, Wharton & Garrison, Solomon Partners and 1 more.
Click here to take a look at Chico's FAS's acquisition in detail
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Chico's FAS's funding and investors
Chico's FAS has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Aug 03, 2018 for $*****. 1 investor participated in its latest round. Chico's FAS has 1 institutional investor.
Here is the list of recent funding rounds of Chico's FAS:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 03, 2018 | 7006547 | Conventional Debt | 5308731 | 4555740 | 5232076 | 9656270 |
View details of Chico's FAS's funding rounds and investors
Chico's FAS's founders and board of directors
Founder? Claim ProfileThe founders of Chico's FAS is Marvin Gralnick.
Here are the details of Chico's FAS's key team members:
- Marvin Gralnick: Co-Founder of Chico's FAS.
View details of Chico's FAS's Founder profiles and Board Members
Chico's FAS's employee count trend
Chico's FAS has 10,336 employees as of Mar 26. Here is Chico's FAS's employee count trend over the years:
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Chico's FAS's Competitors and alternates
Top competitors of Chico's FAS include American Eagle Outfitters, Cider and True Religion Apparel. Here is the list of Top 10 competitors of Chico's FAS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | American Eagle Outfitters 1977, Pittsburgh (United States), Funding Raised | Company offering multi-category fashion products for men and women | - | 72/100 | |
2nd | Internet first brand offering apparel for women | $140M | 71/100 | ||
3rd | True Religion Apparel 2002, Los Angeles (United States), Acquired | Internet first brand of fashion apparel wear for men and women | - | 71/100 | |
4th | Reformation 2009, Los Angeles (United States), Acquired | Online retailer of women's apparel, accessories, and bridal wear | $37M | 70/100 | |
5th | Everlane 2010, San Francisco (United States), Series C | Internet-first brand offering multi-category fashion products | $90.2M | 70/100 | |
6th | Cotopaxi 2013, Cottonwood (United States), Series B | Internet first brand offering casual wear for men and women | $74.9M | 70/100 | |
7th | Gap 1969, San Francisco (United States), Unfunded | Internet first brand of casual apparel wear for men and women | - | - | 69/100 |
8th | Ashley Stewart 1991, Secaucus (United States), Acquired | Retailer of plus-size women's apparel and accessories | $30.2M | 65/100 | |
9th | Tommy Bahama 1993, Paradise (United States), Series A | Retailer of men's and women's apparel, beachwear, and home goods | - | 63/100 | |
10th | Goop 2008, New York City (United States), Series C | Online retailer offering multi-category products | $75M | 63/100 | |
51st | Chico's FAS 1983, Fort Myers (United States), Acquired | Retail chain of private branded apparel wear for women | - | 50/100 |
Looking for more details on Chico's FAS's competitors? Click here to see the top ones
Chico's FAS's Investments and acquisitions
Chico's FAS has made 1 investment in Lucy Activewear and acquired Sycamore Partners and Whitehouseinc.org.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 29, 2023 | Acquisition | 2011 | New York City (United States) | |
Jul 18, 2005 | Investments | 1999 | Alameda (United States) | |
Jul 31, 2003 | Acquisition | 2016 | - |
News related to Chico's FAS
Media has covered Chico's FAS for 1 event in last 1 year, It was about people movement.
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Superdry CEO exploring takeover of struggling retailerIndiatimes•Feb 03, 2024•Sycamore Partners, Authentic Games, Superdry, Ted Baker and 1 other
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92,000 Shares in Chico’s FAS, Inc. (NYSE:CHS) Bought by BCK Capital Management LPfinnewslive.com•Feb 02, 2024•Chico's FAS, BCK Capital Management LP
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Chico’s FAS Sold to Private Equity Firm, CEO Molly Langenstein to DepartTotal Retail•Jan 10, 2024•Chico's FAS
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SYM FINANCIAL Corp Invests $77,000 in Chico’s FAS, Inc. (NYSE:CHS)etfdailynews.com•Jan 10, 2024•SYM, Chico's FAS
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Sycamore Partners acquires Chico’s FAS for $1bnRetail Insight Network•Jan 08, 2024•Chico's FAS, Sycamore Partners, KnitWell Group, Soma and 1 other
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Chico’s FAS, Inc. Shares Purchased by Renaissance Technologies LLCetfdailynews.com•Dec 05, 2023•Chico's FAS, Renaissance Technologies
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American firm Chico’s FAS posts net sales of $505.1 mn in Q3 FY23Fibre2Fashion•Dec 03, 2023•Chico's FAS
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The M&A Class Action Firm Continues Investigating the Merger – CSTR, CHS, SRT, ORTXGlobeNewswire•Oct 28, 2023•Monteverde, CapStar Bank, Old National Bank, Chico's FAS and 5 others
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