Anne Klein

9 West files for Chapter 11 bankruptcy protection

Nine West Holdings Inc. has filed for bankruptcy protection, the latest retailer to do so as it attempts to restructure its debt and refocus on its more successful products.

The shoe chain said Friday the bankruptcy filing was made to ease the sale of its Nine West and Bandolino footwear and handbag business, and so it can focus more on its growing businesses, which include One Jeanswear Group, The Jewelry Group, the Kasper Group and Anne Klein. Nine West said it has a "stalking horse" agreement — an effort by a bankrupt company to determine the market for its assets — with Authentic Brands Group for the Nine West and Bandolino brands.

Nine West joins the many...

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