The fate of the remaining 12 stores, which are expected to close, could be laid out at a May 22 hearing. The purchase price is listed in court papers as $7.1 million.
The investor group includes the Vernons, TJ Heyman, Jane McConnell, William and Anna Teneblatt, Anne Krizman and Ms. At an auction held on Friday, an entity called Blue Stripe LLC beat other offers with a proposal to purchase all but 12 stores.
As the company began to struggle last year, it closed a store, laid off workers and cut employee pay by 10%.įresh Produce employed 270 people at the time of its bankruptcy and made $37.9 million in sales during its most recent fiscal year.Īmid the troubles, Fresh Produce officials began looking for buyers. The Boulder, Colo., chain filed for chapter 11 protection on April 4, blaming an “aggressive overexpansion” and high turnover in key positions. The retailer targets both tourists and “non-tourist customers for whom a ‘vacation state of mind’ resonates,” Chief Financial Officer Jo Stone said in earlier documents filed in in U.S. The deal is expected to keep more than half of Fresh Produce’s 27 stores open. In a court order signed Tuesday, Judge Michael Romero approved the chain’s sale to an investor group that includes Fresh Produce’s existing owners, Thom and Mary Ellen Vernon. You can also follow them on Twitter and like them on Facebook as well as check out the Fresh Produce blogĪ big thank you to Fresh Produce for providing the sample for review.The roughly $7 million sale of the Fresh Produce retail chain, which sells vacation-inspired clothing to women, got approval from a bankruptcy judge. To learn more about Fresh Produce Clothing visit their site and check out all their new styles.
#Fresh produce clothing full
Their clothes are fun, and full of sun-drenched color, which makes them perfect for year-round wearing. In fact, I am going to throw it in my purse on my next trip so I can have a good tank top coverup if I end up at a fancy event or get chilly during the day.įresh Produce Clothing is a brand sold in over 400 specialty retailers as well as 38 Fresh Produce stores nationwide. It is incredibly lightweight and packs to almost nothing, which means you can have lots of room for souvenirs and accessories on your trip. The sheer Shorefront Cardigan is one of those pieces that is silly not to throw in your luggage. My favorite part is that the dress also hides wrinkles really well, which is awesome if you pack like I do. It drapes nicely and doesn’t look frumpy when you are wearing it so you will feel comfortable no matter where you end up on your travels. It is a heavier fabric than I was expecting, and much higher quality than I anticipated. The Beach Haven Pacific Cliff Tank Dress is made of 100% cotton with a raw edge finish at the hem. They could easily go from day to night as well as throughout a mild spring and summer, which makes them perfect for travel when the weather can be unpredictable. I got to check out the Beach Haven Pacific Cliff Tank Dress in South Beach Blue and Shorefront Cardigan in White and really loved the versatility of both pieces.
I absolutely fell in love with their Standout Gauze Skirt with the 2-in-1 design and the fact that it is not only great for beach resortwear, but also for an evening out dancing. Whether you are looking for casual clothing or something that can go from day to night, Fresh Produce Clothes has you covered.
Luckily Fresh Produce Clothing carries clothing for all seasons and is a great place to start looking to find travel fashion. If you’re thinking beach and starting to plan a vacation somewhere sunny, then you’re probably dismayed at the shelves of our local malls that are filled with extra thick sweaters and parkas. How many of you are already dreaming of beaches, vacations and sun, sun, sun? With half of the country facing a huge record-breaking snow storm, I’m sure just about all of you are.
0 kommentar(er)
