Gordon Brothers to Close A.C. Moore Retail Stores

Nicole Crafts is exiting its retail operations by retaining the retail and real estate divisions of Gordon Brothers to close its A.C. Moore stores as part of a broader strategic plan. The Michaels Companies will assume leases for up to 40 stores.

Brigade, B. Riley Provide $218MM New Financing for Barneys

Barneys New York has secured approximately $218 million in new financing from Brigade Capital Management and B. Riley Financial to facilitate a going concern sale process.

Barneys Nears Bankruptcy, Looks to Hilco and Gordon Bros for Financing

The Wall Street Journal reported Barneys New York has received approval from senior lenders Wells Fargo and TPG to request junior loans from Hilco and Gordon Brothers as it prepares to file for Chapter 11 protection.

GE Capital Vet Brandt Joins Gordon Brothers as COO

Gordon Brothers, the global advisory, restructuring, and investment firm, appointed Michael Brandt its new chief operating officer

Gordon Brothers Names Kopacz Chief Development Officer

Gordon Brothers has appointed Marti Kopacz as chief development officer.

Gordon Brothers Names Zmugg General Counsel

Leslie Zmugg has joined Gordon Brothers as the firm’s general counsel. In this role, she will lead the firm’s worldwide legal function.

Gordon Brothers Announces Leadership Promotions

Gordon Brothers, the global advisory, restructuring, and investment firm, has announced several key leadership promotions.

Gordon Brothers to Oversee Shopko Liquidation Process

Shopko was unable to find a buyer for its go-forward business as a going concern. Gordon Brothers will oversee the liquidation process which is expected to conclude 10-12 weeks from now.

Gordon Bros, Hilco Serve as Stalking Horses in Charlotte Russe Sale

Charlotte Russe Holdings and its subsidiaries entered discussions with prospective bidders for a going-concern sale of the company to continue its brick-and-mortar and online platforms.

JLL, Gordon Brothers Launch New Alliance to Support Retailer Operations

Real estate services firm JLL and restructuring advisors Gordon Brothers formed a strategic alliance to elevate both firm’s services for retailers and their investors.