Company type | Private |
---|---|
Industry | Retailing |
Founded | 1933 |
Defunct | July 14, 2017 |
Fate | Stores closed due to Chapter 7 bankruptcy and liquidation. |
Headquarters | Delray Beach, Florida, USA |
Products |
|
Website | www.alfredangelo.com |
Alfred Angelo Bridal was a manufacturer and retailer of wedding dresses. The company was headquartered in Delray Beach, Florida. While primarily recognized for its wedding dress fashions, the company also designed dresses for bridesmaids, mothers of the bride, flower girls, and also sold wedding accessories.
In 2017, Alfred Angelo abruptly closed all of its store locations and filed for Chapter 7 bankruptcy liquidation.
History
The company was founded by Alfred Angelo and his wife Edythe Piccione in the mid-1930s in Philadelphia. Edythe designed the dresses and Alfred focused on manufacturing and business development. The company sold bridal and formal attire through its name-brand stores and in partner stores. In the 1980s, the founder's children began managing the company. Dresses were marketed by style and pricing under the labels Alfred Angelo, Sapphire, Modern Vintage, and Disney Fairy Tale collections. The company was featured on a 2013 episode of the television show Undercover Boss.
Bankruptcy
On July 13, 2017, the company filed for Chapter 7 bankruptcy liquidation and immediately closed all of its stores. One year later, the case was still in court administration with US$20 million in claims from store customers. Much of the inventory was lost to warehouse and shipper's liens. In 2019, the company's total liabilities were reported at $78 million and only $245,000 was raised from a warehouse sale. The intellectual property of the Alfred Angelo labels was bought by a Shanghai-based online retailer.
See also
References
- ^ Schiffer, Alex (July 14, 2017). "Brides panic as Alfred Angelo closes stores nationwide". Washington Post. Washington, DC. Retrieved July 18, 2020.
- "Our Story - Our Collections". Archived from the original on March 25, 2016. Retrieved July 18, 2020.
- "Boss Bio Paul Quentel, President of Alfred Angelo". CBS. Archived from the original on August 26, 2014. Retrieved July 18, 2020.
- Pounds, Marcia Heroux (July 29, 2018). "A year after Alfred Angelo collapse, more than $20M in claims by brides, others still unpaid". Sun-Sentinel. Deerfield Beach, FL. Retrieved July 18, 2020.
- Pounds, Marcia Heroux (June 17, 2019). "'Alfred Angelo' bridal dresses are back online ... now from a Chinese company". Sun-Sentinel. Deerfield Beach, FL. Retrieved July 18, 2020.
- Companies based in Philadelphia
- Clothing companies of the United States
- Companies that have filed for Chapter 7 bankruptcy
- Companies that filed for Chapter 7 bankruptcy in 2017
- Wedding dress designers
- 2017 disestablishments in Pennsylvania
- Retail companies established in 1933
- Retail companies disestablished in 2017
- 1933 establishments in Pennsylvania
- Defunct retail companies of the United States
- American companies established in 1933
- American companies disestablished in 2017
- Defunct companies based in Florida