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Big news for A.L.C.. Hot off its epic return to the sample sale scene, the LA-based luxury knitwear label founded by stylist-turned-designer Andrea Lieberman is said to have been bought by InterLuxe for top dollar. "The specifics couldn't be learned, but the investment is believed to value the company at $60 million, or one-times sales." Not too shabby at all. [WWD; Previously; Previously]
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