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Nygard

The receiver appointed to administer the assets of Nygard International Partnership (“Nygard”) appointed Hilco Streambank to market and sell Nygard’s intellectual property assets as part of a Canadian receivership.  The offering included brands such as Alia and TanJay, domain names, tech packs for the brands’ best-selling bottoms, social media assets and more.

Since 1969, the company’s brands have been synonymous with great fitting jeans and it has developed a loyal customer following in Canada and the United States. The company’s products were distributed through multiple channels including wholesale, retail and ecommerce. Its bottoms and denim feature proprietary SLIMcurve Technology™ and were valued by women of all sizes.

We conducted a broad marketing outreach campaign to numerous international companies, and received bids from 5 parties.  Following an auction with 14 rounds of bidding, we assisted the receiver in closing a deal.  Deal terms have not been disclosed.

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