RTW Retailwinds - Fashion Company Profile
RTW Retailwinds was the New York specialty women's retailer behind New York & Company and Fashion to Figure - roughly 430 stores of wear-to-work fashion, closed in its 2020 bankruptcy while its brands continued online under Saadia Group.
Company Snapshot
- Status
- Closed - RTW Retailwinds filed Chapter 11 on July 13, 2020 and closed its stores; its e-commerce business and the New York & Company and Fashion to Figure brands were sold to Saadia Group (closed October 2, 2020) and continue online under that owner
- Type
- Was public (NYSE: NWY, later OTC) - the company was wound down after the 2020 bankruptcy sale
- Headquarters
- New York City, New York, United States
- Founded
- First incorporated in 1918; public since 2004 in its New York & Company form
Company Profile
There is no current RTW Retailwinds to visit: the retailer was wound down in 2020, and the disclaimer below links the successor site where New York & Company now trades. This profile is kept as a historical record of the company as it described itself - its store count, brands and celebrity collaborations - under this directory's rule that closed companies are removed from shopping lists but their profiles stay as history.
New York & Company, the profile's second half explains, was 'a leading specialty manufacturer and retailer of women's fashion apparel and accessories providing women with modern, wear to work solutions that are multi-functional at affordable prices.' The company had been public since 2004 and was headquartered in New York City. Its proprietary branded merchandise sold through a national network of over 400 New York & Company retail stores and outlet stores and its e-commerce store - a wear-to-work chain of a scale that made it a fixture of American malls and of working women's wardrobes for a generation.
The 2020 Bankruptcy and the Saadia Sale
The store-based business did not survive 2020. RTW Retailwinds filed voluntary Chapter 11 petitions on July 13, 2020, in the District of New Jersey, after the pandemic closed its stores, and announced it would close a significant portion, if not all, of them. What could be saved was the digital business: at a bankruptcy auction on August 28, 2020, Saadia Group agreed to buy the e-Commerce business and all related intellectual property - the New York & Company and Fashion to Figure websites and their rental subscription businesses - for $40 million plus assumed liabilities, and the sale closed on October 2, 2020, keeping more than 100 associates employed. RTW Retailwinds itself was wound down, which is why this profile carries no official-company button and no shop box: the brands continue online under Saadia Group, linked from the disclaimer below, and the retailer that filed this profile is history - kept here as history, in line with this directory's practice for closed companies.
Common Questions
What was RTW Retailwinds?
The specialty women's retailer behind New York & Company and Fashion to Figure - first incorporated in 1918, public since 2004, headquartered in New York City, with roughly 430 retail and outlet locations in 36 states plus a substantial eCommerce business.
What happened to RTW Retailwinds in 2020?
It filed Chapter 11 on July 13, 2020 and closed its stores. Its e-Commerce business and the New York & Company and Fashion to Figure intellectual property were sold to Saadia Group for $40 million; the sale closed October 2, 2020, and those brands continue online under Saadia.
What did New York & Company sell?
Modern wear-to-work women's apparel and accessories - versatile, multi-functional pieces at affordable prices - plus the Fashion to Figure plus-size line and celebrity collaborations with Eva Mendes, Gabrielle Union and Kate Hudson.
More Apparel Companies R
Start from the R letter hub, or compare this filing with its closest neighbours in the letter:
Looking for More Fashion Companies?
This profile is one filing in the Apparel Search company names directory. Browse the full A-to-Z listing on the Fashion Company Names directory, or shop by category in the Apparel Search shopping directory.