Eddie Bauer Holdings Inc. intends to explore strategic alternatives, including the sale of the company.
It was only last June that the multichannel merchant emerged from Spiegel Inc.’s Chapter 11 reorganization process and became an independent company for the first time in 35 years. It was previously a wholly-owned subsidiary of Spiegel Inc., which filed for bankruptcy March 17, 2003.
Eddie Bauer, Redmond, WA, has retained Goldman Sachs & Co. as its financial advisor to evaluate and assist with a potential sale.