Entrepreneur Growth Capital closed a $5 million asset-based facility for a European owned skinwear (undergarments, lingerie, swimwear etc.) manufacturer. The well-known brand was founded in 1950 and has had a retail presence in the US for decades. In...
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October 23, 2024, 07:23 AM
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Schottenstein affiliates Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360), providers of customized solutions for the retail and consumer product sectors, along with Ares Commercial Finance (Ares) closed a $112,000,000 Senior...
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September 18, 2024, 08:15 AM
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Schottenstein affiliate Second Avenue Capital Partners (SACP), a leading provider of customized financing solutions for retail and consumer product sectors, closed a $15,000,000 Senior Secured Revolving Credit Facility for Dover Saddlery, the premier...
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August 06, 2024, 07:58 AM
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Reuters reported apparel retailer rue21 filed for Chapter 11 bankruptcy protection for a third time and is seeking to shut down its 540 stores and sell its intellectual property. Read the full Reuters news story here.
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May 06, 2024, 07:58 AM
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Express, Inc. has received a non-binding letter of intent from a consortium led by WHP Global (“WHP”), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. (“Simon”) and Brookfield Properties (“Brookfield”) for...
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April 22, 2024, 08:00 AM
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Lands' End entered into a new $260 million term loan. The loan proceeds were used to refinance the Company’s existing term loan well ahead of its maturity in September 2025. The loan is secured by a first lien on all non-ABL assets and a second lien...
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January 03, 2024, 08:00 AM
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Gordon Brothers facilitated Soft Surroundings’ going concern sale to Coldwater Creek through the U.S. women’s clothing and accessories retailer’s filing of Chapter 11 bankruptcy in September. Coldwater Creek, a U.S. women's apparel, accessories...
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December 06, 2023, 07:49 AM
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Gordon Brothers provided Everlane a $25 million term loan that’s secured by the sustainable apparel, accessories and footwear retailer’s digitally native brand and working capital assets. Everlane will use the loan to support over a decade of...
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November 30, 2022, 07:46 AM
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CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $65 million revolving credit facility for Everlane, Inc., a leading retailer of sustainable apparel, accessories and footwear in the U.S. Founded in 2011 and based...
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September 16, 2022, 07:31 AM
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According to a June 24, 2022 SEC filing, American Eagle Outfitters, Inc. obtained a new five-year $700 million senior secured asset-based revolving credit facility (the “ABL Credit Facility”), pursuant to an amendment and restatement agreement, dated...
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June 28, 2022, 08:00 AM
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Wingspire Capital provided a $30 million revolving line of credit to Ashley Stewart to refinance debt and to support future growth. Ashley Stewart is an omni-channel retailer that sells apparel for plus-size women. Founded in 1991 and based in...
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May 17, 2022, 08:10 AM
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SLR Credit Solutions closed a $20,500,000 senior secured term loan in concert with a $20,000,000, revolving line of credit for Oscar de la Renta, LLC (ODLR). Founded in 1965, ODLR is a designer and retailer of luxury women’s apparel sold through...
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April 07, 2022, 08:00 AM
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Citizens led a new $125 million asset-based revolving credit facility for Destination XL Group, an omni-channel specialty retailer of big and tall men's apparel. Citizens is sole lead arranger, sole bookrunner and administrative agent. “Our Citizens...
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November 16, 2021, 07:50 AM
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