Downers Grove, Ill.—Spiegel recently announced it was nearing the completion of its corporate restructuring and is one step closer to emerging from Chapter 11 status after filing its proposed joint plan of reorganization and related disclosure statement with the U.S. Bankruptcy Court for the Southern District of New York

DSN Retailing Today, March 14, 2005

DOWNERS GROVE, ILL. -- Spiegel recently announced it was nearing the completion of its corporate restructuring and is one step closer to emerging from Chapter 11 status after filing its proposed joint plan of reorganization and related disclosure statement with the U.S. Bankruptcy Court for the Southern District of New York.

As it emerges, the new company will be reorganized around the Eddie Bauer division of Spiegel Inc. under the name of a new parent company, Eddie Bauer Holdings Inc. The Eddie Bauer brand, headquartered in Redmond, Wash., has proven a corporate strength in terms of direct and store-based retail as well as licensing.

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