Another Huge Brand Goes On The Auction Block
2009 May 15
The Bankruptcy Court for the Southern District of New York has approved procedures for the sale of the intellectual property of home furnishings and jewelry retailer Fortunoff, including the domain, Fortunoff.com.
The auction is scheduled for June 18 in New York at the offices of law firm Sidley Austin LLP. A bid deadline of June 16 has been set and a sale approval hearing set for June 22.
Other intellectual property up for auction include a database of more than 750,000 customer names, many with purchase history in jewelry, home furnishings and bridal registries; proprietary jewelry designs; and branded products such as plates, cups, and bowls.
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