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Store Closing Sales Have Begun At Iconic Kitson

Dec 14, 2015
HILCO MERCHANT RESOURCES & GORDON BROTHERS GROUP JOINT VENTURE TO MANAGE STORE CLOSING PROCESS

Gordon Brothers Group and Hilco Merchant Resources announced today that they have begun store closing sales for Los Angeles-based, Kitson, at all 17 locations throughout California, Oregon, and Nevada. Sales are offering discounts of up to 50% on all of the trendy, high fashion apparel, gifts and novelty merchandise. Store fixtures, furniture and equipment will also be available for sale.

Opened in 2000, Kitson launched many local designers and brands, nurturing them to great success and also supported local manufacturing and charitable events. Kitson stores became magnets for celebrities and consumers seeking the latest must have apparel and accessory items, often offered exclusively at Kitson, along with apothecary, books, gifts and novelty items.

James Wong, Kitson's Chief Restructuring Officer, commented that the company is in discussions with interested parties to attempt to effectuate a transaction that preserves the iconic brand that loyal consumers have come to love and respect.

A spokesperson for the joint venture said, "In the midst of the holiday season, the Kitson store closing sales present a rare opportunity for its shoppers to take advantage of extraordinary price reductions on this premier apparel and merchandise. We encourage all to shop early for the best selection."

About Hilco Merchant Resources, LLC

Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives.  Hilco Merchant Resources' activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; facilitation of mergers and acquisitions; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment. Additionally, among recent acquisitions by HMR are the nation's premier fixture and equipment liquidation company, Fixture Finders (www.fixturefinders.com), as well as the popular online retail and daily deal e-commerce company, Deal Genius, LLC (www.dealgenius.com). 

Hilco Merchant Resources is part of Northbrook, Illinois based Hilco Global, one of the world's leading authorities on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace.  Hilco Global operates twenty specialized business units offering services that include asset appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory and operational consulting and strategic capital equity investments.  For more information please visit: (www.hilcoglobal.com).

 

 

NOTE TO EDITORS: STORE LOCATION LIST FOLLOWS

Studio on Robertson

142 N Robertson Blvd

West Hollywood

 CA

Women's on Robertson

115 S Robertson Blvd

West Hollywood 

CA

Men's on Robertson

146 N Robertson Blvd

West Hollywood

CA

Kids on Robertson

116 N Robertson Blvd

West Hollywood

CA

Melrose

8590 Melrose Blvd

West Hollywood

CA

Malibu Kids

3939 Cross Creek Rd, Ste D120

Malibu

CA

Malibu Lumberyard

3939 Cross Creek Rd, Ste C110

Malibu

CA

Camarillo Outlets

740 E Ventura Blvd, Ste 226

Camarillo

CA

Westfield Santa Anita

400 S Baldwin Ave, Ste 148L

Arcadia

CA

Paseo Nuevo, Santa Barbara

651 Paseo Nuevo, Space #101

Santa Barbara

CA

Santa Monica Place

395 Santa Monica Pl, #120

Santa Monica

CA

Brea Mall

1065 Brea Mall, Unit 1118B

Brea

CA

Fashion Island

139 Newport Center Dr

Newport Beach

CA

Fashion Valley

7007 Friars Rd, Ste 700B

San Diego

CA

San Diego Harbor

789 W Harbor Dr, Ste D1

San Diego

CA

The Linq, Las Vegas

3545 Las Vegas Blvd, Space L-28

Las Vegas

NV

Pioneer Place, Portland

700 SW 5th Ave

Portland

OR