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NOT A SUBSCRIBER?Crabtree & Evelyn will try to save its skinPosted on July 1, 2009 5:40 PM
Hoping to wash away burdensome leases and unprofitable stores, bath and body products retailer Crabtree & Evelyn Ltd. has slipped into bankruptcy protection.
The Woodstock, Conn., subsidiary of Malaysia's Kuala Lumpur Kepong Berhad filed for Chapter 11 on Wednesday with the U.S. Bankruptcy Court for the Southern District of New York in Manhattan looking to exfoliate its business and survive the slump in consumer spending that's hurting many of the nation's retailers. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline.
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