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Presumably over a few glasses of champagne on New Year's Eve, Gap Inc. acquired Intermix for a whopping $130 millon. WWD reported this morning that the deal officially closed on December 31st, and in the wake of the news, our sister site analyzed how the transaction will benefit both brands and boost Intermix's e-commerce.
Nestled in that story, however, was news of Intemix's upcoming store on the Bowery. Back in August, the theory rumor was that the company was looking at a space currently occupied by the bodega Steve's on the Bowery. Now, WWD writes that Intermix's Bowery boutique will open this spring, though they didn't confirm where. Also included in the article is that a Brooklyn store is slated to open this year. Previously, rumors swirled that they were considering Downtown Brooklyn, to capitalize on the anticipated "retail renaissance," thanks to the Barclays Center.
· Gap Inc. Acquires Intermix for $130M [WWD]
· Bowery Bodega Steve's Might Be the Future Home of Intermix [Racked NY]
· Are Y-3 and Intermix Coming to Downtown Brooklyn? [Racked NY]