New York-based Sixty USA is undergoing a wide-scale restructuring in response to the difficult economy, underperforming stores and a weakened wholesale business.
Parent company Sixty Group, based in Chieti, Italy, is outsourcing management of the Miss Sixty and Energie stores in the U.S. to Montreal-based Aldo Group, as reported on Friday. The company also will announce in the coming months a new plan for its wholesale division, which may include streamlining operations and creating back-office efficiencies with Sixty Canada, which is based in Montreal.
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