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News Stories (10 Results) - Apparel Retailers

Reuters reported apparel retailer rue21 filed for Chapter 11 bankruptcy protection for a third time and is seeking to shut down its 540 stores and sell its intellectual property. Read the full Reuters news story here. Read Story
May 06, 2024, 07:58 AM

Express, Inc. has received a non-binding letter of intent from a consortium led by WHP Global (“WHP”), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. (“Simon”) and Brookfield Properties (“Brookfield”) for... Read Story
April 22, 2024, 08:00 AM

Lands' End entered into a new $260 million term loan. The loan proceeds were used to refinance the Company’s existing term loan well ahead of its maturity in September 2025. The loan is secured by a first lien on all non-ABL assets and a second lien... Read Story
January 03, 2024, 08:00 AM

Gordon Brothers facilitated Soft Surroundings’ going concern sale to Coldwater Creek through the U.S. women’s clothing and accessories retailer’s filing of Chapter 11 bankruptcy in September. Coldwater Creek, a U.S. women's apparel, accessories... Read Story
December 06, 2023, 07:49 AM

Gordon Brothers provided Everlane a $25 million term loan that’s secured by the sustainable apparel, accessories and footwear retailer’s digitally native brand and working capital assets. Everlane will use the loan to support over a decade of... Read Story
November 30, 2022, 07:46 AM

CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $65 million revolving credit facility for Everlane, Inc., a leading retailer of sustainable apparel, accessories and footwear in the U.S.   Founded in 2011 and based... Read Story
September 16, 2022, 07:31 AM

According to a June 24, 2022 SEC filing, American Eagle Outfitters, Inc. obtained a new five-year $700 million senior secured asset-based revolving credit facility (the “ABL Credit Facility”), pursuant to an amendment and restatement agreement, dated... Read Story
June 28, 2022, 08:00 AM

Wingspire Capital provided a $30 million revolving line of credit to Ashley Stewart to refinance debt and to support future growth.  Ashley Stewart is an omni-channel retailer that sells apparel for plus-size women. Founded in 1991 and based in... Read Story
May 17, 2022, 08:10 AM

SLR Credit Solutions closed a $20,500,000 senior secured term loan in concert with a $20,000,000, revolving line of credit for Oscar de la Renta, LLC (ODLR). Founded in 1965, ODLR is a designer and retailer of luxury women’s apparel sold through... Read Story
April 07, 2022, 08:00 AM

Citizens led a new $125 million asset-based revolving credit facility for Destination XL Group, an omni-channel specialty retailer of big and tall men's apparel. Citizens is sole lead arranger, sole bookrunner and administrative agent. “Our Citizens... Read Story
November 16, 2021, 07:50 AM