Shabby Chic has begun liquidating its eight retail stores. The home goods line had quietly filed chapter 11 bankruptcy in January (so quietly, in fact, that Timely Demise didn't hear about it). A federal judge ordered the stores to liquidate as part of the bankruptcy proceedings. The liquidation does not include the Simply Shabby Chic line sold at Target. (This news will not be taken lightly at Timely Demise HQ, home to several Shabby Chic sheet sets.)
Creator Rachel Ashwell is retaining the rights to the Shabby Chic name and its designs, but it is unclear at this time whether the brand will continue, and in what form.
Leave a comment