Daily News
From Home Furnishing Business
Hilco to Manage PoshBrands Sale
July 3,
2014 by in Furniture Retailing, Industry
PoshBrands, owner of the online children's retail brand PoshTots, has retained Hilco Streambank to manage the sales of its assets.
The sale includes its portfolio of Internet trademarks, domain names and customer lists. Bids are due by July 21 at 5 p.m. Eastern time.
Founded in 2000, PoshBrands operates e-commerce sites through two primary domains — PoshTots.com and PoshLiving.com. The latter had sold high-end home furnishings.
The company also owns a number of other domain names, including BabyParade.com and PoshTweens.com.
"This sale represents a great opportunity to leverage a valuable business model and a successful brand with a great reputation in the children's furniture and decoration space," said Gabe Fried, Hilco Streambank CEO.