After the company’s sale setback, Kohl’s is pivoting toward inclusion, premier denim, and a whole new fashion attitude.
It’s been over a month since Kohl’s turned down a takeover deal that would see Franchise Group (FRG) buying the retail company. Now, in an effort to redefine its everyday clothing image, the shop is switching gears from trendy juniors items to clothes for the everyday customer.
Stock prices have been bouncing somewhere between $25-$30 a share since the sale. Will Kohl’s plan to add premium denim brands to its racks be a part of the answer to company’s woes? Read more at The Street.