Signature Styles Files for Bankruptcy

Catalog and internet retailer Signature Styles — owner of Spiegel, Newport News and Shape Fx — filed for bankruptcy in a Delaware court this week. The company listed assets in the $10 million to $50 million range and debt in the $50 million to $100 million range in its Chapter 11 petition. Signature Styles Gift Cards, an affiliate brand, was also included in the bankruptcy filing.