Heritage Home Group completes auction of remaining brands, awaits court approval

Heritage Home Group has received winning bids for its two remaining brands – Thomasville & Co. and Broyhill – but the sale does not include HHG's corporate or manufacturing operations, leaving existing layoff notices for 149 employees in effect. HHG filed for bankruptcy in July. An affiliate of Authentic Brands Group and SB360 Capital Partners, an affiliate of the Schottenstein Organization, had the winning bid of $22 million for the intellectual property assets of the brands, including the…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/19/heritage-home-group-completes-auction-of-remaining.html?ana=RSS&s=article_search