top shadow
BODY



































Trade Readers:
I am a STORE BUYER or OWNER
I am a Manufacturer’s Rep
I am a Distributor
I am a Textile Supplier
I am a Banker or Factor
I am an OEM Producer
I want to receive more info from this company about its products
I want to receive a catalog from this company
I want to learn more about carrying this brand in my store; have them contact me
I would like to become a manufacturer’s representative for this company; have them contact me
I want to comment on this brand
I am a store owner/buyer who would recommend this brand to other stores

Consumer Readers:
I am a CONSUMER
I am a consumer who wants to purchase garments from this company; have someone contact me
I am a consumer who wants to know how/where to purchase this product

I am a consumer who would like a consumer catalog, if you provide one
I am a consumer who would recommend this brand












current news

Syms Takes Filene's Basement


(Filed Under Fashion News). Off-price retailer Syms is the new owner of Filene's Basement after a bankruptcy judge approved the company's winning bid on June 17. In a June 15th auction for Filene's Basement, Syms won with its $62.4 offer for the majority of the retailer's assets. Previously, Filene's Basement was operating under chapter 11-bankruptcy protection.

This was the second auction for the ailing retailer. Men's Wearhouse won the first auction on June 5th, outbidding competitors with an offer of $67.0 million for between 17 and 20 Filene's Basement stores. However, according to a June 17th article by the CoStar Group, one week later the company was forced to drop the bid after it was unable to secure the necessary funding, reopening the auction. Reports have also circulated that competing bidders-which included Crown Acquisitions, and a partnership consisting of Syms and Vornado Realty Trust-accused Men's Wearhouse of violating auction requirements.

Founded in Boston in 1909, Filene's Basement carries off-price men and women's intimate apparel by brands that include Calvin Klein, DKNY, and Ralph Lauren. Other products the stores carry include home textiles, accessories, and men's and women's apparel.


more Fashion News >>

Published 06-18-2009 by Amanda Torres Price



Comment on this article, brand or product

Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.















NOTE: Your Email will not be displayed.

Related pictures

Follow BODY on:
twitter FaceBook RSS
Share this article on:
Digg Reddit Stumble

similar articles

Contact Information: (718)676-4444
Copyright © 2017 Fashion Market Magazine Group, Inc. All rights reserved.
All photos Copyright © 2000-2018 Nick Monjo & Fashion Market Magazine Group. All rights reserved.
Please email any website related issues to bodymagazinefmmg@gmail.com
bottom shadow
*