Offer Deadline August 15, 2025, at 5:00 pm Pacific Time.
NDA Deadline August 4, 2025
Background:
1. Founder-led luxury brand with cult status Brand is revered for its bold, glamorous swimwear collections that have cultivated a niche clientele.
2. Multi channel distribution with scalable retail footprint. Operates online globally via its e commerce platform, supplemented by boutiques in high traffic destinations.
3. High end design differentiation
Brand is best known for lingerie inspired bikinis with premium details.
The Company is the subject of a potential assignment for the benefit of creditors.
Process Overview
a. The prospective Assignee will provide a form asset purchase agreement (“APA”) to interested parties who have executed a non-disclosure Agreement (“NDA”) by the NDA Deadline.
b. Letters of Intent in the form of a redline to the APA (containing the additional information as may be required by the prospective Assignee) must be received no later than the Bid Deadline.
c. The winning bidder will be selected and notified by the prospective Assignee on August 18, 2025
d. The selection of the winning bidder is in the prospective Assignee’s absolute discretion.
e. The winning bidder must be prepared to close and fund the purchase by August 19, 2025
Assets to be Sold
It possesses assets including but not limited to: Inventory, Designs, Trademarks, Domains, Social Media Accounts, Mailing List, Marketing Collateral and Trade Secrets.
More Information.
Jonathan Wernick of GlassRatner Advisory & Capital Group. Phone: 213-409-6237 or email: [email protected], Advisor to the Prospective Assignee.
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