WESTBURY, N.Y.–Fortunoff has filed for Chapter 11 bankruptcy protection for a second time.
The retailer filed for Chapter 11 in February 2008.
Fortunoff said this week that NRDC Equity Partners, the private-equity firm that bought the retailer a year ago, is in talks with interested parties to buy the business.
Home vendors sprinkled Fortunoff’s list of unsecured creditors. Agio International Co. the retailer’s third largest unsecured creditor, owed $875,122.
Lenox, the retailer’s fifth largest unsecured creditor owed $622,318; Victorinox Swiss Army is the eighth largest creditor, owed $510,110; Croscill Curtain ranks 13 on the list, owed $477,950; and Waterford Wedgewood is the 15th largest creditor, owed $399,600.
“The jewelry and home goods businesses have been hit particularly hard by the economic downturn,” said Charles Chinni, president and chief executive officer, of Fortunoff in a statement. “However, we are actively seeking a buyer for the business, and we will continue to do so in the Chapter 11 process.”