Store Closing Sales Launch at Select Perfumania Stores

Press Release

Opening Discounts of 30-50 Percent

Store closing sales are underway at select Perfumania store locations – offering shoppers deep discounts on top brand fragrance names and more. The nationwide sale is being conducted by Gordon Brothers and its joint venture partner, Hilco Global.

Perfumania is one of America's largest fragrance retailers, specializing in the sale of genuine designer fragrances, bath and body, cosmetics and skin care products for men and woman. Perfumania filed for Chapter 11 bankruptcy protection on August 26 as part of a recapitalization. While Gordon Brothers and Hilco Global will be liquidating the inventory for 65 stores nationwide, Perfumania will continue operating over 150 of their stores. It is expected to be a very short sale as opening discounts range from 30-50 percent off already low prices.

"Perfumania sells a wide selection of high quality products at substantial savings," stated a representative of the joint venture. "This sale offers Perfumania's loyal, value-oriented customer an opportunity to stock up on their favorite products offered at even lower prices. Due to these significant reductions, customers are encouraged to shop early and take advantage of the additional discounts while supplies last."

"Perfumania Perks" will continue to be earned and redeemed.