Headlines

Metropark Gets New Owner

Consultant hired to develop plan for bankrupt mall chain

Published

14 years ago

September 13, 2011

VMSD Staff

New York–based The Weisfeld Group has purchased the intellectual property of bankrupt mall retailer Metropark for an undisclosed amount. The Weisfeld Group, which also owns such fashion labels as Coogi, Drunken Monkey and FuBu, has hired retail consultant Izzy Ezrailson to help chart new options for Metropark, which filed for Chapter 11 bankruptcy protection in May.

Ezrailson, who served on the advisory board of Metropark in 2004, founded Washington, D.C.–based boutique chain Up Against the Wall in 1969.

Founded in 2004 by Hot Topic founder Orv Madden, Metropark grew to 69 locations before declaring bankruptcy this past spring.

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