Steve & Barry’s filed a “stalking horse” asset purchase agreement in federal bankruptcy court in Manhattan on Monday with BH S&B Holding LLC, a new subsidiary of investment firm Bay Harbour Management.
BH S&B Holdings would acquire certain of the bankrupt company’s assets for $163 million. According to Steve & Barry’s, BH S&B Holdings’ expressed the intent to continue operating the retailer with current staff and key facilities, including the company’s Port Washington, N.Y., headquarters; Columbus, Ohio, distribution center, and certain overseas offices.
"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)