Major Clothing Brand Plans To File Bankruptcy And Close ALL Stores

This news will sting if you enjoy Eddie Bauer clothing.

A new report has surfaced that the popular clothing brand Eddie Bauer will file for bankruptcy.

Along with the bankruptcy filing, the outdoor clothing brand is expected to close all its U.S. store locations.

Michigan Live filled in the details of the future for Eddie Bauer:

A once popular outdoor clothing retailer is expected to file for Chapter 11 bankruptcy and close all its locations in North America soon. According to Women’s Wear Daily, Eddie Bauer will file for protection soon as it plans to move to an all digital platform in North America.

On Jan. 8, Eddie Bauer’s parent company, Authentic Brands Group, announced a partnership with Outdoor 5, LLC (Oved) for the company