The Bombay Company is an American furniture and home accessories retailer owned (since 2021) by an undisclosed LLC. At one time a chain of over 500 stores headquartered in Fort Worth, Texas, Bombay Company was relaunched in 2012 as an online store. After its owners arranged a new licensing deal, a second online re-launch was planned for the High Point Market in April 2018.[1] However, by March 2019, the online sales function of their website was still not active.
The Bombay Company was founded in 1978 by Brad Harper in New Orleans as a mail-order company and Canadian operations were allocated to his good friend Greg McGroarty. Harper later opened two retail stores in New Orleans. In 1980, Harper sold the U.S. operating rights and established overseas supply channels to the Fort Worth, Texas-based holding company Tandy Brands, Inc., which is publicly traded on NASDAQ.
In 1981, Tandy Brands purchased the Canadian rights from Robert Nourse, though Nourse continued to manage the Canadian operations. In 1983, Nourse moved to the United States and assumed responsibility for retail operations.
The Bombay Company filed for Chapter 11 bankruptcy protection on September 20, 2007.[2] The company was sold to Gordon Brothers and Hilco, two liquidation companies that sold off the remaining inventory.[3] As of January 21, 2008, all U.S. retail stores were liquidated and closed. In February 2008, Hilco, and Gordon Brothers purchased all intellectual capital of the Bombay Company, including the Bombay Company website, and created Bombay Brands, a company that will sell Bombay merchandise through other retail outfits. Some Bombay Original merchandise can be seen at Value City Furniture. In September 2010, approximately a dozen pieces of Bombay merchandise have also been made available for purchase in the U.S. through QVC and QVC.COM.
Bombay's Canadian operations were purchased by the B&C Group, which operates the Benix and Bowring retail banners in Canada.[4] Bombay Canada is now owned by Fluid Brands Inc. Toronto based retail mogul Fred Benitah owner of Fluid Brands Inc. also owns Bowring Brothers, Canadian home decor retail chain.
In December 2009, William S. Hollands was named chief merchant overseeing the Bombay Company operating unit, which manages the U.S. licensing agreement with Bombay Brands LLC, during its re-emergence as a retail brand in the United States.[5]
In 2011, Bombay was purchased by Hermes-Otto International, a subsidiary of Otto.[6]
In November 2018, the Canadian operations of Bombay & Co., owned by Fluid Brands, Inc., were seeking creditor protection with more than $50 million in debt.
In 2021, Bombay Company was sold to an undisclosed recipient.
Referencesedit
^High Point News release 2019-03-29 at the Wayback Machine. Accessed March 29, 2019
^"Bombay Company Chapter 11 Petition" (PDF). PacerMonitor. Retrieved 15 June 2016.
^. Archived from the original on 2009-12-14. Retrieved 2009-12-11.
^Hermes-Otto International USA acquires Bombay Brands In 2012, the U.S.-based division of the Bombay Company relaunched as an online store.
External linksedit
Official website
December 20, 2023
bombay, company, american, furniture, home, accessories, retailer, owned, since, 2021, undisclosed, time, chain, over, stores, headquartered, fort, worth, texas, relaunched, 2012, online, store, after, owners, arranged, licensing, deal, second, online, launch,. The Bombay Company is an American furniture and home accessories retailer owned since 2021 by an undisclosed LLC At one time a chain of over 500 stores headquartered in Fort Worth Texas Bombay Company was relaunched in 2012 as an online store After its owners arranged a new licensing deal a second online re launch was planned for the High Point Market in April 2018 1 However by March 2019 the online sales function of their website was still not active A Bombay Company store in CanadaHistory editThe Bombay Company was founded in 1978 by Brad Harper in New Orleans as a mail order company and Canadian operations were allocated to his good friend Greg McGroarty Harper later opened two retail stores in New Orleans In 1980 Harper sold the U S operating rights and established overseas supply channels to the Fort Worth Texas based holding company Tandy Brands Inc which is publicly traded on NASDAQ In 1981 Tandy Brands purchased the Canadian rights from Robert Nourse though Nourse continued to manage the Canadian operations In 1983 Nourse moved to the United States and assumed responsibility for retail operations The Bombay Company filed for Chapter 11 bankruptcy protection on September 20 2007 2 The company was sold to Gordon Brothers and Hilco two liquidation companies that sold off the remaining inventory 3 As of January 21 2008 all U S retail stores were liquidated and closed In February 2008 Hilco and Gordon Brothers purchased all intellectual capital of the Bombay Company including the Bombay Company website and created Bombay Brands a company that will sell Bombay merchandise through other retail outfits Some Bombay Original merchandise can be seen at Value City Furniture In September 2010 approximately a dozen pieces of Bombay merchandise have also been made available for purchase in the U S through QVC and QVC COM Bombay s Canadian operations were purchased by the B amp C Group which operates the Benix and Bowring retail banners in Canada 4 Bombay Canada is now owned by Fluid Brands Inc Toronto based retail mogul Fred Benitah owner of Fluid Brands Inc also owns Bowring Brothers Canadian home decor retail chain In December 2009 William S Hollands was named chief merchant overseeing the Bombay Company operating unit which manages the U S licensing agreement with Bombay Brands LLC during its re emergence as a retail brand in the United States 5 In 2011 Bombay was purchased by Hermes Otto International a subsidiary of Otto 6 In November 2018 the Canadian operations of Bombay amp Co owned by Fluid Brands Inc were seeking creditor protection with more than 50 million in debt In 2021 Bombay Company was sold to an undisclosed recipient References edit High Point News release Archived 2019 03 29 at the Wayback Machine Accessed March 29 2019 Bombay Company Chapter 11 Petition PDF PacerMonitor Retrieved 15 June 2016 RTTNews Quick facts Articles Positive EPS Surprises News Analysis Earnings Audio News 1 permanent dead link CP Canoe The Bombay Company brand to re emerge in the U S With William S Hollands at the helm 12 8 2009 7 35 00 PM Home Accents Today Archived from the original on 2009 12 14 Retrieved 2009 12 11 Hermes Otto International USA acquires Bombay Brands In 2012 the U S based division of the Bombay Company relaunched as an online store External links editOfficial website Retrieved from https en wikipedia org w index php title Bombay Company amp oldid 1180864781, wikipedia, wiki, book, books, library,
