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Last week we heard the surprising news that San Francisco's Gap, Inc., acquired luxury clothing retailer Intermix. Besides the good stuff that could mean for online shopping, it also means San Francisco is getting its own Intermix store sometime this year.
With Gap as its new owner, Intermix will also expand to Brooklyn and Montecito, CA, and plans more international stores (they have just one now in Toronto). The brand will also launch its own men's line and Gap hopes to help its new brand grow online as well as become an incubator for new design talent.
What it means for San Francisco: We'll have a one-stop-shop for Rag & Bone, A.L.C. by Andrea Lieberman, Helmut Lang, Mason by Michelle Mason, Mulberry; 3.1 Phillip Lim, Yigal Azrouël, Proenza Schouler, Stella McCartney, Jimmy Choo, and Azzedine Alaïa. And 30 percent of the merch at Intermix is exclusive.
· Gap Inc. Acquires Intermix for $130M [WWD]
· Gap Is Still on American Family Association's Boycott List [Racked SF]