Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Crabtree & Evelyn Files for Chapter 11 - Beauty Packaging
Beauty Industry

Crabtree & Evelyn Files for Chapter 11

Petition filed in the U.S. only, not international

Well-known for its aromatic salves and sprays, Crabtree & Evelyn, Ltd. has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. Other members of the Crabtree & Evelyn Group (including affiliates in Canada, the European Union, Hong Kong, Malaysia, Singapore and Australia) have not filed for protection, says the brand.

According to the company, it will pursue a plan of reorganization to capitalize on opportunities for future growth and profitability, including evaluation of its real estate portfolio, strengthening brand strategies and restructuring of its financial obligations.

Day-to-day operations and business will continue to operate through the company’s wholesale, e-commerce (www.crabtree-evelyn.com) and retail channels. It also intends to honor customer gift cards, returns and its loyalty program.

Crabtree & Evelyn currently services approximately 3,000 wholesale accounts and operates 125 retail stores and an e-commerce site at www.crabtree-evelyn.com. Other distribution channels include hotel amenities.

“The Crabtree & Evelyn brand remains strong,” said Stephen Bestwick, acting president of Crabtree & Evelyn, Ltd. “We are confident that Chapter 11 gives us the opportunity to restructure the company with a business model that will be sustainable for long-term growth. We look forward to continuing our relationships with customers and vendors to help shape that growth.”


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