Loehmann's has filed for
bankruptcy and plans to liquidate its business.
Loehmann's Holdings filed for
Chapter 11 bankruptcy protection in federal bankruptcy court in Manhattan this
past Sunday (December 15, 2013). They
indicated in filings that it plans to sell its remaining assets in an auction
subject to the court's approval.
The New-York based retailer,
which has 39 stores and its online operations, said in a statement that its
business was effected by increased competition in the off-price retail niche
and limited access to capital.
The company had previously filed
for bankruptcy protection in 2010 due to overwhelming debt and emerged in 2011.
It also filed for Chapter 11 reorganization in 1999, emerging in 2000 after
closing 25 stores.
SB Capital Group, Tiger Capital
Group and A & G Realty Partners, which have handled other retailer
liquidations, have agreed to make an initial bid of $19 million for Loehmann's
assets, according to court documents. The auction is expected to begin Dec. 30
and be approved by the court in early January.
Elegance undone, imbued with unmistakable sex appeal, inspired
by the feeling of freedom and the warmth of the sun. Kate
Moss strips down, literally and figuratively, in Stuart Weitzman's Spring 2014 ad campaign
to reveal the definitive essence of effortless summer style. Photographed again
by Mario Testino, in keeping with what is now an
iconic visual vocabulary, the campaign invokes a sun-kissed and sensual energy,
hinting at long, languid days in St. Tropez, with luxury footwear that
seduce from day to night
Minimal make-up, wet hair and barely-there cover-ups enhance
this laid-back, luxe Bohemian look. It provides a glimpse of the supermodel at
her most beautiful. Sublime simplicity. Such simplicity is a key theme for the
new Stuart Weitzman collection, evidenced most distinctly with the introduction
of THE NUDIST. Sexy, strappy, sleek, minimal – this sandal is as close to bare
as a fashionable foot can get.
Moss, who debuted as the face of the Stuart Weitzman brand in
the Spring 2013 ad campaign, was chosen because of her unparalleled status as a
global style icon. Moss exudes a sense of style and confidence that every woman
aspires to emulate and in 2014, she is walking in Stuart Weitzman shoes.
In the world of Stuart Weitzman, "sexy" means being
comfortable and confident in your own skin, and the campaign captures this
essence in a relaxed, effortless, chic way while clearly showcasing the new
season's essential silhouettes. The international advertising campaign will
launch in the United States, Italy, France, England, Canada, Dubai, Germany, Spain and Asia. Outdoor
advertising (billboards and kiosks) will run in Los
Angeles, New York, Miami, Milan, Paris and Hong Kong.
Behind-the-scenes video and additional creative content will be featured on www.stuartweitzman.com
and in Stuart Weitzman boutiques worldwide.
Stuart Weitzman is a division of The Jones Group Inc. (NYSE:
ABOUT STUART WEITZMAN
A little obsessed with
Stuart Weitzman Holdings LLC, a global leader in designer
footwear, operates 45 retail stores across the United
States, including New York, Beverly Hills, Chicago,
Boston and Las Vegas. The company also has
59 international stores and is sold in more than 70 countries. A luxury brand built upon the
idea of creating a beautifully constructed shoe, founder and designer Stuart
Weitzman's main objective has always been to merge fashion and function. The
first thing a women puts on in the morning and the last thing she takes off at
night, his shoes are designed to feel as good as they look and to look as good
as they feel.
ABOUT THE JONES GROUP INC.
The Jones Group Inc.
is a leading global designer, marketer and wholesaler of over 35 brands with
product expertise in apparel, footwear, jeanswear, jewelry and handbags.
The Jones Group has a reputation for innovation, excellence in product quality
and value, operational execution and talent. The Company also markets
directly to consumers through branded specialty retail and outlet stores,
through concessions at upscale department stores and through its e-commerce
The Company's internationally recognized brands and licensing
agreements (L) include: Nine West, Jones New York, Anne
Klein, Kurt Geiger, Rachel
Roy (L), Robert Rodriguez, Robbi &
Nikki, Stuart Weitzman, Brian Atwood (L), Boutique
9, Easy Spirit, Carvela, Gloria Vanderbilt,
l.e.i., Bandolino, Enzo Angiolini, Nine & Co.,
GLO, Joan & David, Miss KG, Kasper, Energie, Evan-Picone, Le Suit, Mootsies Tootsies, Grane, Erika, Napier, Jessica Simpson (L), Givenchy (L), Judith Jack, Albert Nipon,
Pappagallo and Rafe (L).
Thank you for reading this fashion industry news article on the
ShopRagHouse, a new,
innovative startup that allows fashion fans to vote on submitted designs, is on
the way to reaching its $15,000 goal on Kickstarter
and ready to launch a whole new way for women to set their own rules in
ShopRagHouse is a virtual
Project Runway where users get to play the part of designer and judge. It
allows fashion enthusiasts to play a hands-on role in the industry, interacting
with designers from sketch to dress. It also allows aspiring designers a
chance to get their work directly in front of the people that matter
most—prospective buyers. The business model allows designers to get feedback
from consumers and build brand loyalty from day one.
The Kickstarter campaign
was launched on Nov. 20 and ends on Dec. 20 at 2:30 p.m. The
company has raised over 75 percent of its goal, and needs just $3,465 before the deadline. If ShopRagHouse does not meet
their goal by the deadline, they will lose the money already raised. The funds
will finance its launch collection, which will include up to 12 winning designs
chosen by members on the site.
ShopRagHouse was born out
of cofounders Bridgette L. Hylton's and Joana Florez's own frustrations trying to break into the
fashion industry and having little or no say in the clothes they bought.
"We are really
excited to be democratizing the fashion industry. Of course, we'd love to find
the next Marc Jacobs, but more importantly, we
want to have fun with fashion, because for us, that's what fashion is all
about," said Hylton.
ShopRagHouse is unique in
that its members decide which dresses and other clothing the company produces
by voting on designs and sometimes design elements. The company's first two
dresses, the Diana Dress and the Elsa Dress, sold exclusively online for a
special Kickstarter price of $145 each at http://kck.st/1iQ8e9W, are the result of member input on the site.
envision a community where fashion enthusiasts like us get to interact directly
with designers from the very beginning, and vice versa," said Florez.
"The response we have had so far is great. We're really excited to have
attracted designers from around the world."
The sale also delights shoppers with all-day discounts on top brands and categories for the whole family including:
· Cole Haan up to 75% off.
· Must-Have Boots: $39.99, $49.99, $69.99 and $99.99
· Puma: Head-to-Toe-Up to 70% off.
· Calvin Klein: Select Styles $69.99 or less.
· SKECHERS: Up to 70% off.
· Outdoor Clothing and Accessories: Select Styles $49.99 or less.
· DC: Select Styles $29.99 or less.
· Oakley: Up to 70% off.
· Asics: Up to 60% off.
· Clarks: Up to 70% off.
"The one thing missing this holiday season is extra time," says Kristen Whiteley, 6pm.com senior brand marketing manager. "Shoppers have one less week between Thanksgiving and Christmas, so 6pm.com wants to take the stress and the rush out of scoring that perfect gift. That's why we are hosting deals around the clock on Cyber Monday and then extending sales throughout the week on some of our biggest brands. Shopping from the comfort of your home has never been so stylish!"
Score More—On Social
6pm.com is gifting their social community this year, with exclusive deals for social friends and followers. On Dec. 4, only those who have become fans of 6pm.com on Facebook will gain access to an exclusive nighttime sale on athletic gear at up to 70 percent off. To keep the gifting spirit alive, social followers can also grab some last-minute deals during the final nightime sale on Dec. 18, with amazing prices on Ugg, Reebok, Nine West and more. Exclusive coupons will be shared with social followers during those sales.
For more ways to Score on the Style, Score on the Price visit 6pm.com on Instagram, Pinterest, Twitter and Facebook. And remember—shipping is free but you need to order before Dec.16 to ensure your gifts arrive before the holidays!
At 6pm.com, we have cultivated relationships with top vendors and brand-name designers around the world, allowing us to offer in-demand shoes, clothing and accessories for everyone in your family at an unbeatable price—always 30-75 percent off.
We offer twice the shopping satisfaction of other online retailers as we help 6pm.com customers Score on the Style and Score on the Price. We delight our brand shoppers with on-trend, in-season styles and we surprise our value shoppers with name-brands at deep discounts. We are proud to bring exclusive items to our customers too, with brand partners designing unique products only available through 6pm.com.
Learn more about available Cyber Monday Fashion sales for your 2013 holiday shopping.