Stylish clothier Eddie Bauer spins out of Spiegel bankruptcy
22 Jun '05
2 min read
Leading lifestyle retailer Eddie Bauer Inc announced the company has emerged from the Spiegel, Inc. Chapter 11 reorganization process under its newly formed parent company, Eddie Bauer Holdings Inc. After nearly 35 years, the company is once again fully independent. The company was previously a wholly owned subsidiary of Spiegel Inc, which filed for bankruptcy on March 17, 2003.
"They are extremely excited about our new status as a stand-alone company. The entire Eddie Bauer team worked hard during the Spiegel bankruptcy to build a strong platform for the future," said President and Chief Executive Officer Fabian Mansson. "They streamlined operations, recruited new talent to strengthen the team, and renewed our commitment to providing quality apparel and accessories that reflect a modern outdoor lifestyle."
Eddie Bauer offers intelligently designed, stylish clothing and accessories to active men and women who find inspiration in nature - wherever they are. Established in 1920 in Seattle, Eddie Bauer virtually invented clothing for customers who appreciate an outdoor lifestyle.
The company has built on that tradition and now operates more than 400 stores across the U.S. and Canada, has joint venture partnerships in Japan and Germany, as well as through catalogue sales and online at www.eddiebauer.com. Eddie Bauer employs approximately 9,000 employees worldwide, and is headquartered in Redmond, Washington.
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