Intellectual Property Acquisition Opportunity

stubbslogo

Stubbs Collection®

 

 

Stubbs Collection® Bid Deadline: March 24, 2016 at 5:00 PM EST

OPPORTUNITY

Hilco Streambank and Piper Jaffray have been retained by Outdoor Direct Corporation (the “Company”) to market and sell its intellectual property and related assets (the “Assets”). The Company is currently operating as a Debtor under Chapter 11 in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).

BACKGROUND

Stubbs Collection® is a premium quality western wear brand. The Stubbs Collection® brand is known for its stylish yet understated Men’s western shirts using premium quality fabrics like cotton, silk, and tencel, with impeccable hand-tailored craftsmanship. Stubbs Collection® products are sold across multiple channels including Western Wear specialty stores, Resort and Airport Concessions, Better Department Stores and On-Line.

A common feature of Stubbs Collection® shirts are Button Strips with designer buttons on one side and regular plastic buttons on the other, allowing the wearer to select unique or traditional buttons and to remove the button strips prior to cleaning the shirt. This system is time-proven and dramatically extends the life of the shirt and the buttons.

In addition to high end western wear, the Stubbs Collection® brand is known for its expansive collection of rugged and functional hunting apparel including big game outerwear, upland and waterfowl specific products, and lightweight casual shirts.

The Assets for sale consist of trademarks and domain names.

SALES

Stubbs Collection® branded clothing generated wholesale sales of $192k, $255k, and $164k in FY2013, FY2014, and FY2015 respectively. Stubbs Collection® apparel was sold through various retail channels including Nordstrom’s, Saks Fifth Avenue, Neiman Marcus, various resorts and spas, and specialty apparel stores.

Trademarks/Logos

  • Virtute et Labore Stubbs Collection®
  • Stubbs Collection®

Domains

  • stubbscollection.com
  • stubbscollectioninc.com

SALE PROCESS

Interested parties are encouraged to contact Hilco Streambank or Piper Jaffray representatives at the contact information provided below.

Data Room – Access to an online data room where diligence materials have been assembled for review will be provided to parties under confidentiality agreement.

Bid Deadline

Initial bids from interested parties shall be submitted no later than March 24th, 2016 at 5:00PM Eastern Standard Time. Bid forms and instructions for submitting a bid will be made available to interested parties.