A court hearing in Manhattan bankruptcy court today will officially determine Fortunoff’s fate, but already the signs suggest a Chapter 11 liquidation.
A court filing last week indicates Fortunoff has inked a stalking-horse agreement with Gordon Brothers Retail Partners and Hilco Merchant Resources to conduct going-out-of-business sales at all stores. A second group of liquidators — Great American Group, Hudson Capital, SB Capital and Tiger Capital — was said to have submitted a competing offer to run GOB sales. An auction was being held Monday night.
"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)