Delia’s Corp., a New York-based accessories and home furnishings marketer that targets teenage girls and young women, will receive a $25 million line of credit from Wells Fargo Retail Finance, LLC, a subsidiary of Wells Fargo & Co.
“Delia’s continued growth will benefit greatly from the support and flexibility of Wells Fargo Retail Finance,” said Stephen Kahn, Chairman and CEO of Delia’s Corp., in a statement.
“Our improved operating metrics, combined with our solid balance sheet, have enabled us to negotiate a much more favorable borrowing arrangement with Wells Fargo.”
Network
