Signature Styles Files for Bankruptcy

Signature Styles, owner of catalog and internet retail sites including Spiegel, has filed for Chapter 11 bankruptcy protection, Reuters reported. Signature Styles was formed in June 2009 by investment firm Patriarch Partners LLC to acquire Spiegel Brands from Dymus Funding Co. The deal was worth $21.7 million, Reuters wrote. In the bankruptcy filing, the company listed assets in the $10 million-$50 million range, and debts in the $50 million to $100 million range.

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