Luxury fashion chain Calypso St. Barth is liquidating all its stores of resortwear, home goods, furniture and more, having recently filed for Chapter 7 bankruptcy protection in the U.S. Bankruptcy Court, District of New Jersey. Tiger Group and Great American Group are supervising the going-out-of-business sales at 16 boutiques in New York, Georgia, Massachusetts, Colorado, California, Florida, Arizona, Maryland and South Carolina.
Valued at a total of $15 million, the inventory is drawn from 25 Calypso St Barth’s boutiques, nine of which have already closed for good; the remaining 16 stores will be shuttered at the close of the liquidation process. Seven additional U.S. locations were previously closed.
Founded on the Caribbean island of Saint Barthélemy in 1992, Calypso St. Barth is well known as a luxury lifestyle brand with boutiques in affluent neighborhoods and resort towns.
“They’re filled with exotic and resort-inspired merchandise—things like dip-dyed caftans, cashmere cardigans, Moroccan-print pillows and curated pieces by international designers,” said Tiger Group Director Ryan Davis. “For discerning buyers, these sales represent an extraordinary value opportunity. The timing also happens to be ideal, as now is the time of year when so many travelers start planning their annual winter getaways.”
The liquidation sales include the retailer’s inventories of home furnishings such as throws, rugs and natural textiles by contemporary American and European designers, as well as traditional artisan goods from countries such as India and Brazil. The liquidation process also includes store furniture and fixtures.
For a full liquidation list of stores, click here