Jan 04, 2012…via Fashtion Ect:”Gap Inc. officially acquired the specialty retailer, Intermix, for a whopping $130 million in cash.The $15 billion San Francisco-based retailer has been aiming to reinvent itself for the past several years, gearing toward a J.Crew-type trendy turnaround.This recent deal will give Gap the edge it needs to secure a significant presence in the growing global luxury retail market.” read more here…