Assets of Clothing Retail Company
Listing Information
Assets of Clothing Retail Company
Created: 08/22/2019
Category: Business Property > All Assets or Going Concerns > General Retailers
Sale Location: Wilmington, Delaware
Sale Date: Thu. Oct 3, 2019
Debtor's Attorney
1000 North King Street
Wilmington, DE 19801
302-571-6600
Case Title: Avenue Stores, LLC
Court: Delaware Bankruptcy Court
Chapter: 11
View Case Docket
Description
Auction Sale of assets of Avenue Stores, LLC, including all of the seller's ecommerce business, consisting of, among other things, (a) the seller's intellectual property and (b) inventory stored at the seller's distribution facility located in Dallas, Texas and designated for fulfilling online orders (collectively, the “E-Commerce Business Assets”).
The E-Commerce Business Assets are primarily comprised of (i) the seller's intellectual property, consisting of trademarks, domain names, customer files and related data, including, among other things, the digital assets associated with the e-commerce website operated by the Debtors at www.avenue.com; (ii) the seller's merchandise inventory stored at their Dallas, Texas distribution center (the “E-Commerce Inventory”), which inventory has been designated to fulfill online orders; and (iii) any Contracts related to the operation of the seller's online platform.
Financial Overview
Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on October 7, 2019, at 2:00 p.m.
- Bid Deposit: 10% of the proposed purchase price
- Bid Deadline: October 1, 2019
- Last date to respond: September 30, 2019