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A leaner, e-centric company is on the way.
January 15, 2010
By: TOM BRANNA
Editor
Crabtree & Evelyn Ltd. is set to exit bankruptcy later this month. The Woodstock, CT-based marketer of bath and other personal care products, made the announcement aftera Manhattan bankruptcy court approved its first amended reorganization proposal. After coming out of bankruptcy, the company will close on a $26.3 million exit loan from its parent, Malaysian firm Kuala Lumpur Kepong Berhad. As part of its restructuring, the retailer exited 35 retail sites, leaving 91 locations in operat...
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