Annual Reports

Quarterly Reports


  • 8-K (Apr 8, 2010)
  • 8-K (Mar 24, 2010)
  • 8-K (Mar 18, 2010)
  • 8-K (Jan 28, 2010)
  • 8-K (Dec 23, 2009)
  • 8-K (Dec 3, 2009)


EBHI Holdings, Inc. 8-K 2008

Documents found in this filing:

  1. 8-K
  2. 8-K
Eddie Bauer Holdings, Inc. (Form: 8-K)  






Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):   June 26, 2008

Eddie Bauer Holdings, Inc.
(Exact name of registrant as specified in its charter)

Delaware 001-33070 421672352
(State or other jurisdiction
(I.R.S. Employer
of incorporation) File Number) Identification No.)
10401 NE 8th Street, Suite 500, Bellevue, Washington   98004
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code:   (425)-755-6544

Not Applicable
Former name or former address, if changed since last report


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.02 Termination of a Material Definitive Agreement.

Eddie Bauer Holdings, Inc. (the "Company") had a 40% interest in Eddie Bauer GmbH & Co. KG ("Eddie Bauer Germany"), a joint venture established to sell Eddie Bauer merchandise in Germany. Heinrich Heine GmbH and SportScheck GmbH (both former Spiegel affiliates and subsidiaries of Otto GmbH & Co. KG) held the remaining 60% interest in Eddie Bauer Germany. The Company previously received a required one-year notice from its joint venture partners in Eddie Bauer Germany of their decision to terminate the joint venture arrangement, and as a result, the joint venture, together with a companion license arrangement, would have terminated in February 2009. On June 26, 2008, the Company and the other joint venture partners entered into an agreement to transfer their interests in the joint venture to a third party in return for a release of liabilities, effective March 1, 2008. As part of the transfer of the joint venture interest, the Company terminated the prior license agreement and entered into a new licensing arrangement to license use of its tradename and trademarks in Germany, Austria, Switzerland and Liechtenstein to Eddie Bauer Germany for a five-year period in exchange for specified royalties. As a result of the transfer of the joint venture interest, in the second quarter of 2008 the Company recognized a loss of $0.5 million associated with an uncollected receivable from Eddie Bauer Germany.

In the first quarter of 2008, as a result of the above-mentioned termination notice, the Company performed an impairment review of its investment in Eddie Bauer Germany and determined that an other-than-temporary impairment existed. Accordingly, the Company recognized an impairment charge of $3.9 million during the first quarter of 2008, which was reflected within "Equity in Losses of Foreign Joint Ventures". The impairment charge reduced the Company’s investment in Eddie Bauer Germany to zero and also reflected the Company’s legal obligation to fund its proportionate share of Eddie Bauer Germany’s losses for its fiscal year ended February 29, 2008.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Eddie Bauer Holdings, Inc.
July 1, 2008   By:   Freya R. Brier
        Name: Freya R. Brier
        Title: Senior Vice President and General Counsel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki