This Friday, the high-concept shop Treasure & Bond opens in Soho, New York. The concept behind the boutique is pretty amazing: One hundred percent of the profits go towards a rotating roster of non-profits. Another juicy factoid: T&B is fully owned and operated by Nordstrom.
Though this is certainly not the first offshoot to operate under an entirely different name and brand, it's interesting to connect the retail dots: J. Crew has Madewell, Gap has Piperlime and Ralph Lauren has...well, see for yourself.
Here, a list of 10 spin-off shops you might be surprised to find out are owned by other major brands.
