Liquidation sale at ASC Women store – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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Liquidation sale at ASC Women store

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Hefty discounts will be on offer as the former ASC Women store holds its final liquidation sale.

Today, there is 40 per cent off all items, tomorrow 50 per cent, and on Sunday, 60 per cent.

Liquidators KPMG Advisory Ltd said: “The sale will include all of the women's store stock, a limited amount of men's apparel, and some other accessories.

“No Vineyard Vines stock is included in this sale. The sale will be cash and credit card only.”

No gift cards will be accepted. AS Cooper gift card holders are advised to contact the liquidators at ascoopers@kpmg.bm to file a creditor's claim.

Covid-19 social-distancing measures will be strictly adhered to during the sale at the Reid Street store, with limited numbers allowed in the store at any one time.

In June, the Supreme Court appointed joint provisional liquidators from KPMG Advisory to try to find a buyer for AS Cooper & Son Ltd.

The 123-year-old retailer comprises three Hamilton stores, AS Cooper Man and Vineyard Vines on Front Street, as well as ASC Women, plus a store in the Clocktower Mall in Dockyard.

In July, the liquidators said they had received several non-binding offers for different parts of the business.

The liquidators said they were not in a position to provide an update on the situation yesterday.

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Published September 25, 2020 at 8:00 am (Updated September 25, 2020 at 2:28 am)

Liquidation sale at ASC Women store

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