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Fashion

Carter's acquires Canadian Bonnie Togs for $98 million

Carter's, the largest branded marketer in the US of infant apparel, reported Wednesday that it has acquired Toronto-based children's clothing and accessory company Bonnie Togs in a deal valued at up to $98 million, aimed to expand in international markets. "The acquisition of Bonnie Togs is an important component of our long-term strategy to...

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