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Jagged Edge Files Chapter 11

From: ASAP

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Jagged Edge Mountain Gear, a designer, manufacturer and retailer of technical outerwear and rugged sportswear filed for Chapter 11, reorganization, Friday, May 24, 2002. The decision to file for protection was made after a depressed winter of catalog sales. The company attributes poor sales to the tragic events of September 11, the anthrax "mail-scare" and a slow economy prior to Christmas.

Jagged Edge is currently developing a new company business model that includes more financial and operational resources to grow the company's wholesale, retail and website division.

Jagged Edge Mountain Gear manufacturers the highest quality, hard wearing, technical outerwear and clothing for skiing, climbing, mountaineering, hiking and adventure travel sports. Founded in 1991, Jagged Edge now has corporate offices in Moab, Utah with three Colorado retail stores; a wholesale division with accounts worldwide; a catalog / mail-order division; a website with sales on-line.

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