"In the case of Retail Ecommerce Ventures, it's buying the intellectual property of yet another bankrupt retailer, Stein Mart. The Miami Beach, Florida-based company, which acquires IP and turns brands around via ecommerce, won an auction for Stein Mart's IP with a $6.02 million bid, topping ZG Apparel Group."

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Ms Cathy Hershcopf
Cooley LLP
55 Hudson Yards
New York, NY
New York
10001-2163
UNITED STATES
Tel: 212479 6000
Fax: 212479 6275
E-mail: aorzehoski@cooley.com
URL: www.cooley.com

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