Majority of Duluth-Based Maurices Bought Out by European Investment Company
Longstanding Duluth-based clothing retailer Maurices has had the majority of its business bought out by a European investment company.
DULUTH, Minn.-Longstanding Duluth-based clothing retailer Maurices has had the majority of its business bought out by a European investment company. The group OpCapita Consumer Opportunities Fund II LP made that announcement today. Maurices’ current parent company, Ascena Retail Group, Inc., will retain a significant equity interest in the business and will continue to provide brand support services. Maurices currently has…


