David Flood – Page 6

Tiger Group Issues Risk Assessment for 29 Consumer Industries Impacted by COVID-19

Taking into account the economic impact of the COVID-19 pandemic, Tiger Group’s Valuation Services Division has issued risk assessment guidance for asset-based lenders on a wide range of consumer goods categories.
Among the 29 categories analyzed in a study posted on the asset appraisal, disposition and financial service’s firm’s website, three (10.3%) were rated high […]

By David Flood

News / Retail

A Tsunami of Bankruptcies are About to Wash Away America’s Retail Sector

As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping up to be a busy summer of running going out of business sales at some very prominent chains.
“Some companies are just not going to survive this,” says McGrail, who is the COO of one of the […]

By David Flood

News / Retail

Modell’s Files For Bankruptcy, Tiger To Liquidate

Modell’s Files For Bankruptcy, Plans To Liquidate

Modell’s Sporting Goods filed for Chapter 11 bankruptcy protection in New Jersey.
The family-owned retail chain will begin liquidation sales in all stores and plans to continue its online sales during the process.

Fourth-generation Owner Mitchell Modell had tried to line up support with its stakeholders to keep the chain out of court, including vendors and lenders, but ultimately fell short. […]

By David Flood

Industrial / News

Tiger Group Auctions Pro-Grade Audiovisual Gear From Prominent Production Supplier

Tiger Group Auctions Pro-Grade Audiovisual Gear From Prominent Production Supplier
Tiger Group on March 17 will hold an online-only auction of pro-grade audiovisual gear from a major production supplier known for its support of award-winning work on major television and film productions.

Manufactured by the likes of Arri Alexa, Black Magic, O’Connor, Panasonic, RED, Sachtler and Sony, more than 1,000 high-quality pieces of excess and under-utilized audiovisual […]

By David Flood

Finance / News

Go Global Retail completes acquisition of ModCloth

Brand-investment platform Go Global Retail has completed its purchase of digitally native fashion retailer, Modcloth, from Walmart.

Go Global officially closed on the deal for the online women’s retailer — which carries a range of women’s indie and vintage clothing, shoes, handbags and accessories — on January 27, after receiving financing from Tiger Capital Group.

According to Jeff Streader, managing director of Go Global, the company plans […]

By David Flood

Industrial / News

Tiger Group Sets 2019 Sales Record for Pro-Grade AV Gear

Company’s LA-based audiovisual vertical posts a 50 percent increase in total dollar volume for auctions, liquidations and turnkey sales in 2019; buyers and bidders increase by 40 percent.
LOS ANGELES, Feb. 18, 2020 /PRNewswire/ — The audiovisual vertical within Tiger Group’s Commercial & Industrial Division posted record sales of excess and underutilized AV equipment in 2019, further cementing its position as a leader in the disposition and […]

By David Flood

Industrial / News

Tiger Group, Others to Auction Plastic Sheet Extrusion and Thermoforming Plant Assets

SAN BERNARDINO, Calif., Jan. 23, 2020 /PRNewswire/ — Tiger Group, in cooperation with Aaron Equipment, GA Global Partners and Perry Videx, is now accepting bids for a live online webcast auction on February 6 of thermoforming and plastic sheet extrusion lines, grinders and shredders, as well as printing presses, a machine shop, material handling and other equipment from a recently closed San Bernardino plant operated by D&W Fine Pack. […]

By David Flood

Read more about the article Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week

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Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week

Barneys store liquidation sales to begin as soon as bankruptcy deal closes, private sales start next week
PUBLISHED FRI, NOV 1 20194:31 PM EDTUPDATED FRI, NOV 1 20196:57 PM EDT

Elly Cosgrove@ELLYCOSGROVE

Store liquidation sales at Barneys New York will begin soon, according to a release issued Friday.

Private sales will begin next week for Barneys’ “most loyal” customers, the Great American Group and Tiger Capital Group said. Store […]

By David Flood

Industrial / News

Surplus Keslow Cinematography Gear Up For Auction

Surplus Keslow Cinematography Gear Up For Auction
— Tiger Group, Hilco Industrial selling excess cameras, lenses, other equipment in a live/online auction webcast as cinematography equipment rental company continues to trim inventories following acquisition

LOS ANGELES, Oct. 14, 2019 /CNW/ — Tiger Group, in cooperation with Hilco Industrial, is holding a live/online auction webcast this month for high-quality, surplus cinematography gear that is excess to the ongoing operations of Keslow Camera, […]

By David Flood

Read more about the article Tiger Group Sells Stake in BikeCo, LLC to Advanced Holdings Co., Leaving Recapitalized Wholesale Distributor Positioned for Growth

Finance / News

Tiger Group Sells Stake in BikeCo, LLC to Advanced Holdings Co., Leaving Recapitalized Wholesale Distributor Positioned for Growth

PHILADELPHIA, Oct. 2, 2019 /PRNewswire/ — Less than a year after co-leading the acquisition of the wholesale bicycle operations of Advanced Sports Enterprises (ASE) in bankruptcy court, Tiger Capital Group has sold its stake in the newly formed BikeCo, LLC to joint venture partner Advanced Holdings Co. Ltd. As […]

By David Flood