Please Don’t Kick the Inventory Bot

This company wants its robot to take on the tedious and time consuming job of scanning inventory at stores. Please don’t assault it while it is working.
WIRED Videos

Please Don’t Kick the Inventory Bot

This company wants its robot to take on the tedious and time consuming job of scanning inventory at stores. Please don’t assault it while it is working.
WIRED Videos

Band of Outsiders’ Intellectual Property, Inventory To Be Auctioned

BAND OF BIDS: Band of Outsiders’ intellectual property rights and inventory are to be put up for auction. According to a public notice placed in today’s weekly print issue of WWD and the Wall Street Journal, the brand’s secured creditor, Belgian fashion fund CLCC SA will hold a public auction on July 29 at the offices of its legal representation, Otterbourg P.C.
News that Band of Outsiders had canceled its fall line and laid off staff first broke on May 26. The label has since closed its retail operations at 70 Wooster Street, following a liquidation sale. A source close to the situation told WWD that CLCC SA gained peaceful possession of Band of Outsiders’ assets after the label was unable to make payment on a credit line of more than $ 2 million. Despite the label’s liquidation efforts, the inventory to be auctioned still includes more than 5,000 units, the source said.
It is understood that Alan Cohen of Abacus Advisors Group — who is overseeing next week’s auction — is taking a wait-and-see approach when it comes to selling the brand’s intellectual property and inventory as a single asset or as separate entities. “They are going to take offers for both assets and individually…depending

Follow WWD on Twitter or become a fan on Facebook.

Read More…
WWD » Dior’s Sponsoring the Guggenheim International Gala
TideBuy Black Friday Sale 90% Off+ Extra Coupon

ElectricDistro.com Increases Lux Fetish Inventory for ‘Fifty Shades’ Sales Rush

ElectricDistro.com is preparing for the next phase of expected “Fifty Shades” sales with heavy on-hand inventory available now for wholesale purchase.
XBIZ.com | Top Stories