Authentic Brands Group & Catalyst Brands

Authentic Brands Group: Authentic Brands Group, the owner of Eddie Bauer's intellectual property, is restructuring the brand's operations by transferring e-commerce and wholesale functions to Outdoor 5.

Catalyst Brands: Catalyst Brands, the retail operator for Eddie Bauer's North American stores, is preparing to file for Chapter 11 bankruptcy. This filing will not impact its other brands.

Authentic Brands Group: Authentic Brands Group owns the Eddie Bauer brand and intellectual property worldwide. It will retain ownership of the brand and could license it to other operators in the future, aiming for long-term, sustainable expansion.

Catalyst Brands: Catalyst Brands is the parent company of Eddie Bauer LLC and is overseeing the bankruptcy proceedings. Its CEO, Marc Rosen, stated that this restructuring is the best way to optimize value for the Retail Company's stakeholders and ensure Catalyst Brands remains profitable.

Authentic Brands Group: Authentic Brands Group owns the intellectual property of the Eddie Bauer brand and may license it to other operators, indicating its continued involvement despite the bankruptcy of Eddie Bauer LLC.

Catalyst Brands: Catalyst Brands, which holds the license to operate Eddie Bauer stores in the U.S. and Canada, initiated the bankruptcy filing for Eddie Bauer LLC to optimize value for stakeholders and ensure its own profitability and liquidity. Its other brands are unaffected.