Chiasso Sold for $700,400

(Catalog Age) Talk of profitability is rolling off the tongue of the new owner of Chicago-based Chiasso–just months after the company’s January Chapter 11 filing.

On April 2, Northfield, IL-based CCS Capital, owned by Chris Segal, bought the direct portion of Chiasso for $700,400. Chiasso closed its 14 stores prior to the sale.

CSS Capital plans to retain Chiasso