SOURCE: Hilco Global

Hilco Global

March 08, 2016 06:00 ET

Store Closing Sales Begin Today at All 76 Remaining Danier Leather Stores and Outlets Throughout Canada

Hilco Global and Gordon Brothers Group Managing Total Inventory Liquidation at All Remaining Danier Leather Stores

NORTHBROOK, IL--(Marketwired - March 08, 2016) -  Store closing sales start today at all remaining Danier Leather stores and outlets in Canada. Spectacular reductions of 25-75% off original prices are being offered on the entire collection of classic and contemporary outerwear, handbags, wallets, small leather goods, belts, gloves and more, including many famous brands. In addition, all stores are receiving new shipments from the warehouse, so consumers will be able to take advantage of tremendous savings on a full selection of the latest merchandise in a wide range of sizes.

Danier gift cards will be honored at all closing locations. Store fixtures, furniture and equipment are also available for sale.

The store closing sales are being conducted by a joint venture of Hilco Global (through its Canadian division, Merchant Retail Solutions) and Gordon Brothers Group. A spokesperson for the joint venture said, "Danier has long been known for leather outerwear, handbags and accessories made with the finest craftsmanship and featuring timeless design. Because of the compelling discounts and highly desirable assortment of merchandise, we expect this will be a short sale. Consumers are encouraged to shop early for the best selection."

About Hilco Global

Merchant Retail Solutions is a division of Hilco Global ( which provides a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives. The firms activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment. Merchant Retail Solutions is part of Northbrook, Illinois based Hilco Global, the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates twenty specialized business units around the world. 

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group ( is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, mitigating leases, appraising assets and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion worth of transactions and appraisals annually. As of November 2014, debt financing is provided by Gordon Brothers Finance Company ( 


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