USA: Casual Male To Sell Work 'N Gear Business
As part of its Chapter 11 restructuring, bankrupt retailer Casual Male Corp is selling its Work 'n Gear business to footwear manufacturer and distributor Sandy Point LLC. Under the terms of the deal - which still has to be approved by the United States Bankruptcy Court for the Southern District of New York - Sandy Point will acquire the inventory, fixed assets, intellectual property and certain other rights relating to the Work 'n Gear business, which provides workwear, healthcare apparel and uniforms.
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