By and  on June 13, 2014

Shares of Express Inc. rose more than 20 percent in the aftermath of Sycamore Partners’ disclosure Thursday that it had acquired a 9.9 percent stake in the retailer and is interested in buying the company outright.

The stock was up 21.4 percent to $16.45 as trading ended for the week, the greatest advance by far of any of the U.S.-based fashion, retail and beauty stocks monitored by WWD.

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