Shares of Coldwater Creek Inc. fell 76.1 percent on Monday after the women’s specialty chain was said to be eyeing a voluntary Chapter 11 petition.
WWD reported in February that liquidators were circling around the retailer, given that discussions regarding a sale process that began in October were not going well. There were rumblings of a possible bankruptcy filing, although the company then was still in discussions with its lender, as well as prospective lenders, hoping to get some breathing room. There was talk in the industry that Coldwater Creek was a possible Chapter 11 as early as late November.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)