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ARO Liquidation Inc. (fka AROPQ)

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Last Post: 6/15/2018 9:52:20 PM - Followers: 112 - Board type: Free - Posts Today: 0

112 W 34th Street
New York, NY 10120
Phone: 646-485-5398
Fax: 646-485-5430
Web Site: http://www.aeropostale.com

Aeropostale, Inc. operates as a mall-based specialty retailer of casual apparel and accessories for young women and men in the United States. It designs, markets, and sells active-oriented, fashion and fashion basic merchandise principally targeting 11 to 18 year-old young women and young men under its own brands. The company offers graphic t-shirts, tops, bottoms, sweaters, jeans, outerwear, and accessories. As of April 5, 2006, the company operated 683 stores, consisting of 669 Aeropostale stores and 14 Jimmy’Z stores. Aeropostale also sells its products online through its e-commerce Web site at aeropostale.com and through organized sales events at college campuses. The company was founded in 1987 and is headquartered in New York City.

Aeropostale Website: http://www.aeropostale.com/shop/index.jsp?categoryId=3534619

Aeropostale Facebook: https://www.facebook.com/Aeropostale/?fref=ts

Aeropostale Share Structure: Authorized Shares 200,000,000 as of January 8th 2016
                                           Outstanding Shares 79,994,458 as of December 02 2015
                                           Float 78,374,327 as of December 02 2015
 

Bankrupt Aéropostale, Clothing Supplier Reach Settlement


http://www.wsj.com/articles/bankrupt-retailer-aeropostale-clothing-supplier-reach-settlement-1463075196

AROPQ News $160mil DIP Financing, This financing, combined with Aropostale's operating cash flow, will allow the Company to meet its financial commitments and enable Aropostale to focus on completing its restructuring process,confirming a plan of reorganization and emergence from Chapter 11 

Aropostale, Inc. Receives Final Approval For $160 Million In DIP Financing PR Newswire "Press Releases US - English" 

NEW YORK , June 10, 2016 /PRNewswire/ --Aropostale, Inc. (OTC Pink:AROPQ), a specialty retailer of casual apparel for young women and men, today announced that the United States Bankruptcy Court for the Southern District of New York has given final approval for the Company to access $160 million in debtor in-possession ("DIP") financing provided by Crystal Financial LLC . The Court previously had given interim approval for the DIP financing agreement on May 5, 2016 . This financing, combined with Aropostale's operating cash flow, will allow the Company to meet its financial commitments and enable Aropostale to focus on completing its restructuring process,confirming a plan of reorganization and emergence from Chapter 11 during the third quarter of 2016. 

"We are pleased that the Court has approved our DIP financing," said Julian Geiger , Chief Executive Officer. "We are looking forward to emerging from this process as a leaner, more efficient business and firmly believe that we will be well-positioned to compete and succeed in today's retail environment." 

As announced on May 4, 2016 , Aropostale filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy code in the United States Bankruptcy Court for the Southern District of New York in an effort to optimize its store footprint, renegotiate burdensome contracts, resolve its ongoing disputes with Sycamore Partners and achieve long-term financial stability. 

Additional information can be found at www.ARORestructuring.com. Suppliers and landlords may call our support center +1 (917) 877-5966 or toll-free at +1 (855) 360-2999. They also may email suppliers@aeropostale.com or landlords@aeropostale.com. 

Aropostale is advised in this transaction by Weil, Gotshal & Manges LLP , Stifel Financial Corp. and FTI Consulting. 

About Aropostale, Inc. 

Aropostale, Inc. is a specialty retailer of casual apparel and accessories, principally serving young women and men through its Aropostale and Aropostale Factory stores and website and 4 to 12 year-olds through its P.S. from Aropostale stores and website.The Company provides customers with a focused selection of high quality fashion and fashion basic merchandise at compelling values in an exciting and customer friendly store environment. Aropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise.As of May 1, 2016 the Company operated 739 Aropostale stores in 50 states andPuerto Rico, 41 Aropostale stores inCanadaand 25 P.S. from Aropostale stores in 12 states. In addition, pursuant to various licensing agreements, the Company's licensees currently operate 322 Aropostale and P.S. from Aropostale locations in theMiddle East,Asia,Europe, and Latin America. SinceNovember 2012, Aropostale, Inc. has operated GoJane.com, an online women's fashion footwear and apparel retailer. 



Media Contact: Rachel Rosenblatt , FTI Consulting (212) 850-5697 orRachel.Rosenblatt@FTIConsulting.com 

Investor Contact: Effie Veres,FTI Consulting (212) 850-5600 or Effie.Veres@FTIConsulting.com 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aeropostale-inc-receives-final-approval-for-160-million-in-dip-financing-300283105.html 

SOURCE Aeropostale, Inc. 



 
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#8527   Hey bro. VERITAS77 06/15/18 09:52:19 PM
#8526   They were so far in the hole that MasterBlastr 04/29/18 11:53:20 AM
#8525   Thanks......I just asked a question about it, Briboy 04/29/18 10:52:21 AM
#8524   I realize this company is in bankruptcy with Briboy 04/29/18 10:45:39 AM
#8523   Yup rspect 04/29/18 01:09:58 AM
#8522   So, people that held when the symbol became Watkins 04/26/18 07:41:01 PM
#8521   Yes as long as a few here grow MasterBlastr 04/19/18 10:40:56 PM
#8520   I guess it's over. Not sure if that's Psalm91-11 04/19/18 12:55:36 PM
#8519   AROPQ FINRA Deleted Symbol TenKay 04/18/18 11:00:50 PM
#8518   Too bad they have nothing left to make MasterBlastr 03/16/18 09:27:19 PM
#8517   ONLY 54 MILLION IN DEBT: CanItBThisEZ2Make 03/16/18 08:54:27 PM
#8516   The best part is the amount of people rspect 03/14/18 10:44:44 PM
#8515   You Are Probably Correct, Just saying superstition, SEC CanItBThisEZ2Make 03/14/18 09:35:27 PM
#8514   Thanks. We cling to that Psalm daily. Psalm91-11 03/14/18 09:31:32 PM
#8513   I think you are missing a critical point. indymx 03/13/18 02:56:23 PM
#8512   And this is why I didn't sell on superstition: CanItBThisEZ2Make 03/12/18 10:27:37 PM
#8511   Love the use of your name! rspect 03/11/18 03:06:14 PM
#8510   Ah. I'm an idiot. Thank you. Psalm91-11 03/08/18 04:19:50 PM
#8509   That other one was an Israeli scam from MasterBlastr 03/08/18 04:29:28 AM
#8508   Again, the stores are no longer associated with MasterBlastr 03/08/18 04:24:58 AM
#8507   Faith in ARO. We live near three ARO Psalm91-11 03/07/18 10:45:27 PM
#8506   We can avoid some of these boards and SlimPickun 03/07/18 10:37:19 PM
#8505   I still have some too but I'm loaded rspect 03/07/18 09:50:30 PM
#8504   I still have some, but sold a lot CanItBThisEZ2Make 03/07/18 08:51:59 PM
#8503   Wasn't listening . . . I'm liking N.W.B.O MasterBlastr 03/05/18 09:22:02 PM
#8502   You still in BIEI? What are your thoughts SlimPickun 03/05/18 08:49:17 PM
#8501   I wonder how many on this board took CanItBThisEZ2Make 03/05/18 05:21:26 PM
#8500   That's the part that baffles me about this. indymx 01/26/18 09:23:09 AM
#8499   But AROPQ doesn't own them. MasterBlastr 01/25/18 11:53:13 PM
#8498   I've seen stocks where some[body] Briboy 01/25/18 04:54:08 PM
#8497   Only makes me think that someone hates their indymx 01/04/18 08:49:47 AM
#8496   Who bought 600k shares today. I know it's jz8000 01/03/18 06:53:27 PM
#8495   4200 bucks buy wow!... WhitlikesWSTI 01/03/18 04:22:29 PM
#8494   Yes but there is a 100% chance that CanItBThisEZ2Make 01/03/18 05:44:21 AM
#8493   No matter how improbable there is still a chance. Sligara 01/02/18 07:35:30 AM
#8492   If you really want to be honest it CanItBThisEZ2Make 12/31/17 08:53:57 AM
#8491   Want a Good Laugh? Why would someone do CanItBThisEZ2Make 12/31/17 08:43:28 AM
#8490   I think that the mall people that bought MasterBlastr 12/30/17 03:24:50 PM
#8489   But if you really want to be honest, indymx 12/28/17 09:19:53 AM
#8488   In all serious the best reasonable optimistic end CanItBThisEZ2Make 12/27/17 08:08:30 PM
#8487   What's the best reasonable optimistic end...? WhitlikesWSTI 12/27/17 12:31:56 PM
#8486   I wouldn't, I am just not selling on CanItBThisEZ2Make 12/22/17 08:42:29 PM
#8485   Still here still holding I am just stubborn Sligara 12/22/17 08:34:49 PM
#8484   Something is coming or you would not be CanItBThisEZ2Make 12/18/17 09:45:43 PM
#8483   You mean the dead ox bounce ?? MasterBlastr 12/18/17 09:22:56 PM
#8482   Is that you loading up? I think you CanItBThisEZ2Make 12/18/17 09:10:49 PM
#8481   I never thought of flushing your money down MasterBlastr 12/16/17 02:48:15 PM
#8480   Hey, I said from the beginning I considered CanItBThisEZ2Make 12/15/17 09:30:08 PM
#8479   Glad to help . . . if having MasterBlastr 12/15/17 08:54:43 PM
#8478   I was just checking to see if you CanItBThisEZ2Make 12/15/17 05:44:11 PM
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