Chapter 11

As Expected, American Apparel Files Bankruptcy, Reorganization Plans

American Apparel has taken a more demure approach to its advertising, marketing in recent months

Los Angeles—It appeared inevitable: after failing to make a profit or turnaround sales and operations since 2009, American Apparel … [Read more...]

Versa Capital Wins Bid to Acquire Bankrupt Wet Seal Assets

Wet Seal

Philadelphia—Private equity firm Versa Capital Management got the go-ahead Wednesday from a Delaware bankruptcy judge to continue … [Read more...]

Going-Out-of-Business Sales Begin at All Caché Stores


New York—Great American Group, a provider of advisory and valuation services, asset disposition and auction solutions, and a … [Read more...]

The Latest Specialty Retailer to File Chapter 11: Caché


New York—Another retailer hit by shrinking market share and a turnaround strategy that is taking too long filed for Chapter 11. … [Read more...]

Struggling Wet Seal Files for Bankruptcy Protection

Wet Seal

Foothills Ranch, CA—Following new that it would be closing 338 stores and laying off some 3,700 employees, Wet Seal Inc. filed for … [Read more...]

Delia’s Chain Files Chapter 11


New York--dELiA*s Inc., the young women’s retailer with about 95 stores and an increasingly outmoded catalog business, announced … [Read more...]

Love Culture, Latest Fashion Retailer to File Bankruptcy

"Bahama Babe" look from Love Culture's summer collections

Los Angeles—Love Culture Inc., a specialty retailer catering to 18-to-35 age range women, reported Wednesday it become the latest … [Read more...]

Sycamore Partners to Give New Life to Defunct Coldwater Creek


Sycamore Partners to Give New Life to Defunct Coldwater Creek New York—Although recently filing bankruptcy and liquidation … [Read more...]

Coldwater Creek’s Liquidation Sale Starts


Sandpoint, ID—It’s the beginning of the end: on Thursday, Coldwater Creek began its going-out-of-business sale.On Tuesday, a … [Read more...]

Bankrupt Coldwater Creek Plans Liquidation Sales by Mother’s Day

Coldwater Creek

Sandpoint, ID—In a move that didn’t surprise anyone, Coldwater Creek Inc. today filed for bankruptcy protection, planning to start … [Read more...]

Coldwater Creek Also Headed for Liquidation?


Sandpoint, ID—A week after reports that it would presently be filing for bankruptcy, Coldwater Creek reportedly has plans to … [Read more...]

Clearlake Capital Makes Bid for Ashley Stewart

ashley stewart

Secaucus, NJ—Clearlake Capital Group, a Los Angeles-based private equity firm, has emerged as the stalking horse bidder at the … [Read more...]