Coldwater Creek
| Private | |
| Industry | clothing |
| Founded | (1984) |
| Headquarters | Hingham, Massachusetts |
Key people | Dave Walde: Chief Executive Officer, Brenda Koskinen: President & Chief Merchandising Officer |
| Revenue |
 $780 million USD (2006) |
| Owner | Sycamore Partners |
Number of employees | 100 |
| Website | www.coldwatercreek.com |
Coldwater Creek is an American catalog and online retailer of women’s apparel, accessories and home décor.
History
In 1984, Dennis and Ann Pence relocated from Manhattan to the resort town of Sandpoint in northern Idaho to start a direct mail business.
By 1990, millions of catalogs were being mailed. In 1995, Coldwater opened its first retail store, and by 2014 had 365 locations in operation nationwide, including several Outlet stores. Its website launched in 2000.
Business conditions became increasingly difficult with the 2008 recession, and on April 11, 2014, Coldwater Creek announced that it was filing for Chapter 7 bankruptcy and ceasing operations as of early summer, 2014.
Sycamore Partners, owner of brands including Talbots, Nine West, Stuart Weitzman, and more, purchased Coldwater Creek’s intellectual property (use of the name, logo and customer list) through CWC Direct LLC, and opened new headquarters in Hingham, MA.
On, November 3, 2014, Coldwater Creek was relaunched as a catalog and online retailer. [1][2][3]
Notes
- ↑ Hsu, Tiffany (2014-04-11). "Bankrupt Coldwater Creek plans Mother's Day liquidation sales". Los Angeles Times (latimes.com). Retrieved 2014-04-20.
- ↑ "Coldwater Creek to shut down all stores". Denver Business Journal. April 11, 2014. Retrieved April 20, 2014.
- ↑ "Coldwater Creek flows into Sycamore’s pool of apparel brands". June 9, 2014.