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Marquee Brands Bids $50 Million for Destination Maternity's Assets

Retailer's Remaining 235 Stores Would Close If Offer Wins in Bankruptcy Auction
Destination Maternity's remaining stores will close if Marquee Brands' bid for the retailer is successful. (Getty Images)
Destination Maternity's remaining stores will close if Marquee Brands' bid for the retailer is successful. (Getty Images)
CoStar News
December 2, 2019 | 8:41 P.M.

The licensing company that owns the Martha Stewart and Emeril Lagasse brands is bidding $50 million for the intellectual property and e-commerce assets of Destination Maternity. But, under that proposal, the retailer's remaining 235 stores would be shut.

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