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Oh, How the Mighty (Rock &) Republic Has Fallen

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Premium no more: it was just announced that financially shaky Rock & Republic just signed a deal giving (wait for it)?Kohl's exclusive retail rights starting in Spring 2012. For much, much, much less than the standard two bills or more they charged in their heyday. It's a big hit for the label itself but a coup for Kohl's: these "designer" labels, including the ones by Vera Wang and Lauren Conrad, account for a whopping 48% of sales. [Fashion Etc.]