By  on August 28, 2019

Chico’s FAS is banking on its lingerie brands, new products and an updated c-suite lineup to turn itself around. But investors have yet to be swayed. 

Declining sales at Chico’s FAS, which includes women’s apparel brand White House Black Market, lingerie labels Soma and TellTale, and the company’s nameplate brand, have caused the stock to plummet more than 70 percent year-over-year. 

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