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Tag: horse

Investment group outbids stalking horse to nab RTW Retailwinds for $40M

Dive Brief: The e-commerce business and intellectual property of RTW Retailwinds were sold at bankruptcy auction Friday to investment firm Saadia Group for $40 million plus assumption of certain liabilities, including honoring gift cards. To win the auction, Saadia Group doubled the price of a stalking horse purchase agreement offered by Sunrise Brands earlier this …

Investment group outbids stalking horse to nab RTW Retailwinds for $40MRead More

Brooks Brothers Receives $305 Million ‘Stalking Horse’ Bid

With its $305 million “stalking horse” bid, SPARC Group LLC (SPARC) has raised the possibility that Brooks Brothers will be able to emerge from bankruptcy with at least 125 of its brick-and-mortar stores remaining in operation. The retailer currently operates approximately 250 stores in North America and an equal number outside the U.S. and Canada, …

Brooks Brothers Receives $305 Million ‘Stalking Horse’ BidRead More

Destination Maternity approves stalking horse bid; would close all remaining stores 

Get great content like this right in your inbox. Subscribe A brand acquisition and licensing firm has made an offer to buy the brand name, online business and other intellectual assets of Destination Maternity for approximately $50 million.  The bankrupt retailer announced it has made a motion to approve the selection of Marquee Brands  as …

Destination Maternity approves stalking horse bid; would close all remaining stores Read More