By  on March 10, 2013

Tandy Brands Accessories Inc. has hired Deloitte Financial Advisory Services LLP as it seeks a way out of a financing bind that has seen its stock shed about two-thirds of its value in less than a month.

John Little, a Dallas-based principal of Deloitte’s corporate restructuring group, has been brought in as chief restructuring officer as the firm seeks “outside capital…in the near term to solidify our balance sheet,” according to Rod McGeachy, president and chief executive officer of the men’s accessories and gifts marketer.

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