Innovo Sells HQ
Innovo Group Inc., based in Commerce, said it is wrapping up the sale of its former headquarters in Springfield, Tenn. The company has sold off the last of three properties for its discontinued operations in the state and will use the proceeds to pay off its mortgage and receive a surplus of about $300,000 in the process. Innovo makes apparel under the Joe’s Jeans and Indie labels. It also makes jeans for American Eagle Outfitters and Target Inc.
