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On April 11, 2014, Coldwater Creek announced that it was filing for Chapter 11 bankruptcy, listing $278.5 million in assets and $361.3 million in debt. In a statement the company said that it had “engaged in a thorough analysis of all potential alternatives” but had failed to find a buyer or a source of funds to support continued operations.
Coldwater Creek or Cold Water Creek may refer to: Coldwater Creek (clothing retailer) Coldwater Creek (Missouri river tributary), a stream in St. Louis County, Missouri; Coldwater Creek (South Grand River tributary), a stream in Missouri and Kansas; Coldwater Creek (Saline Creek tributary), a stream in Ste. Genevieve County, Missouri
On December 7, 2023, Soft Surroundings was sold to Coldwater Creek. [8] Coldwater Creek, which had filed a Chapter 11 bankruptcy petition in 2014, was acquired by Hong Kong-based procurement, logistics and product development company, Newtimes Group, in 2020. Newtimes Group is one of the world's largest suppliers to the apparel industry.
In the past five years, Coldwater Creek's net income margin has ranged from -15.5% to 2.6%. In that same time frame, unlevered free cash flow margin has ranged from -8.2% to 0.2%.
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Get 20-25% off your next purchase at Coldwater Creek using coupon code WHH2339 when you spend $100 or more. Good in stores and online. Expires Saturday, March 13. With this coupon code you will ...