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The doors will shut next month at what once was Chadwick's of Boston, marking the end of a women's mail-order retail era dating back almost two decades. Boston Apparel this summer filed for Chapter 7 bankruptcy protection, which eventually was converted to a Chapter 11 bankruptcy.
Considering this, is Chadwicks of Boston out of business?
Parent Company of Chadwicks of Boston Sells Off Assets. DAI Investment Inc., formerly known as Distinctive Apparel, Inc., an affiliate of Blackstreet Capital Management, LLC, has sold substantially all of its assets to an undisclosed third-party.
Correspondingly, what is Chadwicks of Boston?
Chadwick's of Boston, Ltd. is the largest off-price catalog retailer of women's apparel in the United States. Although it markets clothing for the entire family in all sizes, in addition to accessories, gifts, and cosmetics, women between the ages of 25 and 55 are the company's primary customers.
METROStyle has gone out of business and it appears Chadwick's is closed for a re-branding. I will say this for myself, though it doesn't matter anymore because they are closed, I bought EIGHT genuine leather jackets from Metrostyle on their final sale: 70% off, and I think I went through a rebate link.