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On April 11, 2014, Coldwater Creek announced that it was filing for Chapter 11 bankruptcy, listing $278.5 million in assets and $361.3 million in debt. In a statement the company said that it had “engaged in a thorough analysis of all potential alternatives” but had failed to find a buyer or a source of funds to support continued operations.
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On December 7, 2023, Soft Surroundings was sold to Coldwater Creek. [8] Coldwater Creek, which had filed a Chapter 11 bankruptcy petition in 2014, was acquired by Hong Kong-based procurement, logistics and product development company, Newtimes Group, in 2020. Newtimes Group is one of the world's largest suppliers to the apparel industry.
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Coldwater Creek closed all stores in 2014 and became an online-only retailer operated by Sycamore Partners [94] until a new store opened in Burlington, Massachusetts in early 2018. [95] However, that store and all remaining new locations closed by July 2020, likely due to the COVID-19 pandemic.
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Get $30 off a purchase of $100 or more at Coldwater Creek now through Wednesday, May 26, 2010. Use coupon code WHH3261. For in-store shopping print this Coldwater Creek coupon.