Coldwater Creek news and archive

Coldwater Creek files bankruptcy as no buyer turns out

Coldwater Creek, a US-based women's fashion retailer, has announced it filed for bankruptcy protection and will close its 350 stores next month. The retailer goes out of business after failing to find a buyer. The company lost 59.6 million dollars in the first three quarters of the fiscal year ended Feb. 2, according to Bloomberg. This adds to...

Fashion

Coldwater Creek going through turbulent times

ANALYSIS_ Earlier in January, the US-based women's retailer received a warning from Nasdaq authorities: it could lose its spot on the stock exchange unless it raises its share price to 1 dollar for 10 consecutive days. It has 180 days, or until July 1, to meet that requirement. The company filed a notice Wednesday saying it had received a letter...