Alfred Angelo Explained

Alfred Angelo
Type:Private
Foundation:1933
Fate:Stores closed due to Chapter 7 bankruptcy and liquidation.
Defunct:July 14, 2017
Location:Delray Beach, Florida, USA
Industry:Retailing
Homepage:www.alfredangelo.com(Archived)

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.[1]

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.[2] The company was featured on a 2013 episode of the television show Undercover Boss.[3]

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.[4] 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.[5]

See also

References

  1. News: Schiffer . Alex . 14 July 2017. Brides panic as Alfred Angelo closes stores nationwide . Washington Post . Washington, DC . 18 July 2020 .
  2. Web site: Our Story - Our Collections . 18 July 2020 . https://web.archive.org/web/20160325111412/http://www.alfredangelo.com/OurStory-OurCollections . 25 March 2016 . dead .
  3. Web site: Boss Bio Paul Quentel, President of Alfred Angelo. . 18 July 2020 . https://web.archive.org/web/20140826115544/http://www.cbs.com/shows/undercover_boss/bios/1001462/ . 2014-08-26 . dead .
  4. News: Pounds . Marcia Heroux . 29 July 2018 . A year after Alfred Angelo collapse, more than $20M in claims by brides, others still unpaid . Sun-Sentinel . Deerfield Beach, FL . 18 July 2020 .
  5. News: Pounds . Marcia Heroux . 17 June 2019 . 'Alfred Angelo' bridal dresses are back online ... now from a Chinese company . Sun-Sentinel . Deerfield Beach, FL . 18 July 2020 .