Rock & Republic Files Chapter 11

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Premium denim company Rock & Republic on Thursday said it filed for Chapter 11 bankruptcy protection.

The company, which sells its jeans and accessories in stores including Bergdorf Goodman and Bloomingdales, said it obtained $7.5 million in debtor-in-possession financing from CIT Group. Rock & Republic has hired investment bank Atlas Strategic Advisors to help it recapitalize, subject to court approval, the company said.

Rock & Republic was founded in 2002 by Chief Executive Michael Ball and has become known for its edgy and sexy clothing, including premium jeans priced at $200 or more.

• Read the full Reuters story.

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