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Hilco Streambank to Manage Asset Sale for Bankrupt Retailer A’gaci

Date: Sep 06, 2019 @ 08:40 AM
Filed Under: Retail

Hilco Streambank is seeking interested parties for an upcoming sale of assets including intellectual property and social media sites for bankrupt women's clothing outlet A'gaci.

The Texas-based retailer filed Chapter 11 on August 7 in the United States Bankruptcy Court for the Western District of Texas San Antonio Division, with the intention to "close and wind down all of its brick and mortar store locations." The retailer operated 54 retail stores, according to court documents.

Founded in San Antonio, Texas in 1971, A’GACI created a lifestyle brand for young fashion lovers. A’GACI’s specialty apparel and footwear stores feature trend right apparel and
accessories including tops, dresses, bottoms, jewelry, and footwear under its sister label, O’Shoes. The AgaciStore.com online channel brings the A’GACI Store experience into the tablets and mobile devices of its loyal customers.

The A’GACI brand appeals to young, fashion-driven women looking for trendy merchandise at value prices. From club dresses to closet basics, and accessories to an irresistible selection of shoes, A’GACI is known for making her feel sexy, feminine and confident.

Through August 2019, A’GACI operated 54 retail stores and a budding e-commerce platform.

Retail locations span primarily the southern states, including Florida and Texas as well as Puerto Rico, and California.

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