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Sycamore takes 8% stake in Aeropostale
New York -- Private-equity firm Sycamore Partners disclosed through a filing with the U.S. Securities and Exchange Commission on Tuesday that an affiliate, Hummingbird LLC, had taken an 8% stake in Aeropostale.
Sycamore through its Hummingbird LLC unit, bought about 6.3 million shares of Aeropostale, according to the filing. That would make it the retailer’s fourth-largest shareholder, according to data compiled by Bloomberg. -
Blo/Out Blow Dry Bar opens at Willow Grove Park
Willow Grove, Pa. — Blo/Out Blow Dry Bar has opened its third area location at Willow Grove Park in Willow Grove, Pa., near Philadelphia. The no-appointment 1,300-sq.-ft. salon offers eight styling techniques plus Blo/Out Express, a 20-minute dry styling treatment.