Eddie Bauer Files for Bankruptcy

The operator of Eddie Bauer, the sportswear company known for goose-down coats and outdoor apparel, filed for Chapter 11 bankruptcy in the District of New Jersey on Monday. It said it was looking to sell some or all of its approximately 220 Eddie Bauer stores in the United States and Canada.

The company reported a post-Covid spike in sales as people spent more time outdoors. Still, a shift in consumer preferences, rising inflation, the closure of a loophole on cheap imports and higher tariffs eroded margins and hurt earnings, and supply chain problems contributed to declining sales.

The filing is the third bankruptcy for Eddie Bauer since its founding in the 1920s. The brand began in 1923 after its founder contracted hypothermia on a winter fishing trip in Washington State, patented a down jacket design and expanded from a single store to a national mail-order business.

United States, District of New Jersey

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