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  • Struggling retailer Frederick's of Hollywood is sold to an investment firm

    / E-Retailers

    Struggling retailer Frederick's of Hollywood is sold to an investment firm

    Investment firm Harbinger Group and existing shareholders will take control of the company, which sells through stores, catalogs and the web. The women’s clothing retailer will become a privately owned company. Frederick’s also reported declining total sales in the first quarter of fiscal 2014, though direct sales held steady.

    Posted 12/19/2013Madeline C. AndrePost a comment

    Investment firm Harbinger Group and existing shareholders will take control of the company, which sells through stores, catalogs and the web. The women’s clothing retailer will become a privately owned company. Frederick’s also reported declining total sales in the first quarter of fiscal 2014,…

    Related Content:Catalog

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