San Francisco–based private-equity firm Golden Gate Capital won bankrupt Eddie Bauer in an auction with a $286 million bid. That's right: The firm is paying $286 million for Eddie Bauer. Golden Gate plans to keep most of the chain's employees and 370 stores. Eddie Bauer hasn't made a profit in three years, but a retail expert says, "There's some real value in the stores and in the brand." Also, the chicness of that sleeveless polo ... mmm. [Bloomberg]
Most Viewed Stories
The Best, Worst, and Craziest Looks on the VMAs Red Carpet
Is Joe Biden Getting a Gender Advantage?
Even Celebrities Seem to Suffer at Disneyworld
Justin Bieber’s New Hair Is Making His Fans Nauseous
Now That She Has Nobody’s Attention, Kim K. Has Something to Tell You
Everything We’ve Heard From Witnesses in the St. Paul’s Rape Case
Ask Polly: Why Is Everyone Succeeding Except Me?
Daniel Craig’s One Weird Trick to Cure Hangovers
Is There Any Good Way to Go Gray in Your 20s?
Outfit of the Week: A Chic Going-Out Top and Cool Trousers
From Our Partners
Who What Wear
The Zara Outfit Every Girl In New York City Is Wearing
6 Things You’ll Have to Give Up if You Want to Lose Weight FOR GOOD
This Is What 13 Women Look Like When They Orgasm
The Fashion Spot
New Study Says People Think Better of You When You Wear Black
powered by PubExchange
Latest News from The CutOver-the-Top Dress Codes Are Making a Triumphant Return
Better get your "fantasy evening attire" on deck.An Easy Marc Jacobs Blouse for Under $200
Fitted and feminine.Astrology GIFs for the Week of August 31, 2015
Find an appropriate outlet for passion.Your Soul Mate Hillary Clinton Prefers Hanging With Babies Over Going to Parties
Hillary spent Sunday babysitting and probably watching the VMAs.Depressing Study Says You’re Definitely Going to Get a Hangover
There's nothing you can do.What Does a Perfect Cat Eye Smell Like?
Maybe Miu Miu has an idea.A Conversation With Amy Odell on Fashion, Writing, and How the Internet Has Changed
The veteran Cut editor is publishing her first book.
Yes, it does exist.Miley Cyrus’s VMAs Outfits, Ranked From Bad to Worse
A spangly, naked top-ten list.The Best, Worst, and Craziest Looks on the VMAs Red Carpet
From Miley Cyrus to FKA Twigs.
People are not reacting well to his new haircut.Now That She Has Nobody’s Attention, Kim K. Has Something to Tell You
The star made good with the FDA during the VMAs.50 Years of Fashion’s Sexiest Calendar (NSFW)
A look back at the Pirelli Calendar.Is Joe Biden Getting a Gender Advantage?
His record is fairly similar to Hillary Clinton's, yet he gets all the love — and very little hate.Study: Older Sisters Weigh More
Being firstborn isn't all it's cracked up to be.8 Actually Good Things That Happened This Week
Pugs return home and pandas fight the enemy.Why Rape Trials Like St. Paul’s Are So Rare
The jury debated questions of consent, and that's actually pretty rare in a courtroom.I Had a Kid. Will My Bladder Ever Be Normal?
Is everybody peeing in their pants as much as me?Dakota Johnson and Liv Tyler Partied Together
Plus: Kendall Jenner, Jenna Lyons, Owen Wilson, and more in this week's roundup.World Cup Winner Sydney Leroux on Tuning Out the Haters, Game-Day Prep, and Her Team’s Unstoppable Will to Win
The soccer star aims to strike while the iron's hot.