Catalyst Brands & Eddie Bauer

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.

Eddie Bauer: Eddie Bauer is preparing to file for Chapter 11 bankruptcy, which will lead to the closure of nearly 200 brick-and-mortar stores in North America. Its e-commerce and wholesale operations are being transferred to a new licensee, Outdoor 5.

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.

Eddie Bauer: Eddie Bauer LLC, the operator of Eddie Bauer stores in the U.S. and Canada, filed for Chapter 11 bankruptcy protection for the third time in two decades due to declining sales and industry headwinds. Its U.S. and Canadian operations face a potential wind-down if a sale is not executed.

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.

Eddie Bauer: Eddie Bauer LLC, the retail operator for Eddie Bauer stores in the U.S. and Canada, filed for Chapter 11 bankruptcy due to declining sales and other economic headwinds. The company will begin liquidation sales and seek a buyer for its brick-and-mortar operations.