(Filed Under Fashion News). Finlay Enterprises, Inc. and its seven affiliated companies have filed for bankruptcy as of August 6th. According to reports, the company plans to liquidate its assets by August 31st unless it receives any promising offers.

Finlay, which includes an ample licensed department store business, was reportedly affected by Gottschalk’s liquidation in winter 2009, since the company had a licensed jewelry department.

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Published 08-13-2009 by Amanda Torres Price