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Rock & Republic Dunzo?

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Denim, accessories, and lifestyle brand Rock & Republic filed Chapter 11 bankruptcy last night. The company will continue to operate, aiming to restructure and reorganize its operations. "The pillars of our restructuring strategy include strengthening the Company's financial capacity, realigning its product focus and enhancing its operational execution. Toward that end, we are exploring financial relationships that can provide the resources to support our near-term capital needs and long-term growth objectives, and we are serious about satisfying outstanding financial obligations. At the same time, we will be sharpening our product focus to emphasize the core apparel and footwear businesses that have been the foundation of Rock & Republic's brand reputation, while seeking alternatives for ancillary product lines," Geoffrey Lurie, chief restructuring officer, told WWD.