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Frederick's of Hollywood files for Chapter 11 bankruptcy, plans to sell online business

2015-04-20 20:22:36| Agriculture - Topix.net

Racy lingerie retailer Frederick's of Hollywood is seeking bankruptcy protection in federal court after closing all of its stores and switching to an online-only business, which it intends to sell to the highest bidder. The privately held company says competition, decreased mall foot traffic and onerous leases helped push it into a Chapter 11 bankruptcy filing.

Tags: online business sell files

Will Frederick's of Hollywood's succeed as an e-tailer?

2015-04-20 16:04:48| Apparel - Topix.net

Frederick's of Hollywood reportedly plans to file for bankruptcy protection and sell the company to the highest bidder. For now, Frederick's will operate as an online-only retailer, according to its website, with the chain closing all its remaining physical stores.

Tags: succeed fredericks hollywoods etailer

Frederick's of Hollywood reveals closing of retail stores

2015-04-18 00:22:58| Food - Topix.net

After years of struggling to keep up with Victoria's Secret, Los Angeles-based lingerie brand Frederick's of Hollywood Group Inc. is switching to a web-only retail model. The Los Angeles Times reports that Frederick's has closed all of its 94 brick-and-mortar stores in favor of e-commerce.

Tags: stores retail closing hollywood