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current news

GoldenGate Gets Eddie Bauer


(Filed Under Fashion News). Private Equity Firm GoldenGate Capital has acquired bankrupt retailer Eddie Bauer, which carries casual branded apparel including swim and activewear.

GoldenGate gained possession with an all cash bid of $286 million. The purchase is expected to officially close in early August.

Under the purchasing agreement, GoldenGate will maintain "the substantial majority of Eddie Bauer's stores and employees," according to Eddie Bauer.


more Fashion News >>

Published 07-29-2009 by Amanda Torres Price



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