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  #1  
Old 26th April 2010, 01:55 PM
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phreezee phreezee is offline
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Default Rock & Republic files Chapter 11 bankruptcy

http://www.reuters.com/article/idUSN0115709620100402

How the hell do you go bankrupt by selling $5 jeans for $250?!?!?

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NEW YORK, April 1 (Reuters) - Premium denim company Rock & Republic on Thursday said it filed for Chapter 11 bankruptcy protection.

The company, which sells its jeans and accessories in stores including Bergdorf Goodman and Bloomingdales, said it obtained $7.5 million in debtor-in-possession financing from CIT Group (CIT.N).

Rock & Republic has hired investment bank Atlas Strategic Advisors to help it recapitalize, subject to court approval, the company said.

Geoffrey Lurie, who previously headed The North Face's turnaround, will join Rock & Republic as chief restructuring officer, the company said.

Last edited by phreezee : 26th April 2010 at 02:59 PM.
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  #2  
Old 27th April 2010, 07:48 AM
Mirage Mirage is offline
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Hope Ed Hardy or Affliction are next.
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  #3  
Old 27th April 2010, 09:13 AM
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Affliction/Ed Hardy will be around as long as D-Bags are.
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  #4  
Old 27th April 2010, 03:34 PM
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GYM TAN LAUNDRY = own Ed hardy & Affliction
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  #5  
Old 15th March 2011, 10:44 AM
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Can't even give R&R Jeans away now, at Costco they've gone from $119 all the way down to $49.99 now.
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  #6  
Old 15th March 2011, 10:46 AM
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Costco started selling 7 Jeans also, looks like the end of another fad.
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  #7  
Old 15th March 2011, 12:31 PM
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blah to those jeans anyways.....cause I can't fit them!! I love my legs!
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