This just in, outdoor apparel chain, Eddie Bauer, filed for Chapter 11 bankruptcy protection today. The Seattle-based chain said it plans to sell its assets to a private equity firm, CCMP Capital.

Who is buying Eddie Bauer?

SPARC Group
Authentic and SPARC Group are acquiring Eddie Bauer, including its 300 stores and e-commerce business, from a unit of Golden Gate Capital, according to a Friday statement. SPARC is a joint venture between Authentic and Simon Property Group.

Did Eddie Bauer get sold?

Authentic and SPARC Group, a joint venture between Authentic and Simon Property Group, are acquiring Eddie Bauer, including its 300 stores and e-commerce business, from a unit of Golden Gate Capital.

Is Eddie Bauer in business?

Eddie Bauer will remain headquartered in the Seattle area and will continue to be led by President Damien Huang.

What is Eddie Bauer guarantee?

Product Guarantee Claims If your Eddie Bauer product has a defect in materials or workmanship, you may return it with proof of purchase, within one year, for a replacement or refund back to the original form of payment.

Did Eddie Bauer change their return policy?

Eddie Bauer used to allow returns anytime, but now it honors returns only for one year after purchase. Returns can be made in-store or via the mail (the company will provide a shipping label) whether the item was purchased online or in person.

When did Eddie Bauer start the Bauer company?

The company was established in 1920 in Seattle by Pacific Northwest outdoorsman, Eddie Bauer (1899–1986).

When was Eddie Bauer bought by Spiegel catalog?

Spiegel catalog purchased Eddie Bauer from General Mills in 1988. Aggressive expansion continued and within the first year the company had expanded from 60 to 99 stores. By 1996, an additional 300 stores had been opened.

Where are the Eddie Bauer clothing stores located?

Eddie Bauer, LLC is an American limited liability company, headquartered in Bellevue, Washington, that operates the Eddie Bauer clothing store chain. Eddie Bauer sells its merchandise via three independent channels: Retail stores: “premium” merchandise.

Why was Eddie Bauer’s health declining in 1950?

By 1950, Eddie Bauer’s health was declining due to overwork and a serious back injury. He took on local businessman and his hunting partner, William F. Niemi. Bauer transferred all of the common stock in Eddie Bauer, Inc., to Niemi who reorganized the store and improved cash flow.