Coldwater Creek may be resurrected
The name, if not the actual fashion designs, of Coldwater Creek may be resurrected, after a New York private equity company said it has purchased some of the assets of the Sandpoint-based retailer that filed for bankruptcy and shut down operations earlier this spring.
Sycamore Partners has acquired Coldwater Creek’s brand names, company trademarks, website and some intellectual property, said Jim Bell, Coldwater Creek’s chief operating officer. Terms of the deal weren’t disclosed.
The company said in a news release it plans to relaunch Coldwater Creek as a retail brand, possibly later this year.
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