Originally published June 17, 2009 at 12:34 PM | Page modified June 17, 2009 at 2:14 PM
Comments (2)
E-mail article
Print view
Share
Eddie Bauer timeline
Eddie Bauer timeline
![]()
1899: Eddie Bauer is born on Orcas Island.
1920: Bauer opens Eddie Bauer's Tennis Shop, a racket-stringing business inside a sporting-goods store in downtown Seattle.
1934: Company secures U.S. and Canadian patents on the Bauer Shuttlecock, which remains the standard for the sport today.
1936: Eddie Bauer manufactures innovative goose down insulated jacket, the Skyliner.
1942: U.S. Army Air Corps commissions the Eddie Bauer B-9 Flight Parka. More than 50,000 jackets were made and worn for warmth during altitude flights.
1945: Eddie Bauer issues first mail-order catalog.
1963: Eddie Bauer outfits Jim Whittaker, the first American to summit Mount Everest.
1968: Founder Eddie Bauer retires, selling business to trusted friend and partner William Niemi and his son.
1970s: Company's focus shifts from expedition gear and apparel to casual lifestyle apparel.
1971: Food conglomerate General Mills buys company for more than 300 million shares.
1983: Eddie Bauer begins partnership with Ford to produce Eddie Bauer Edition Ford vehicles.
1988: Spiegel purchases Eddie Bauer from General Mills $260 million in cash.
1993: Eddie Bauer expands internationally. 1996: Eddie Bauer launches www.eddiebauer.com.
2003: Spiegel files for Chapter 11 reorganization.
2005: Eddie Bauer Holdings spins out of Spiegel reorganization, becoming a stand-alone company for the first time in 34 years.
Dec. 22, 2006: Discloses offer from holding company to pay $286 million in cash, or $9.25 a share, and assume $328 million in debt to take over Eddie Bauer.
Feb. 8, 2007: Shareholders reject buyout offer; Chief Executive Fabian Månsson resigns next day.
July 9, 2007: Retail veteran Neil Fiske becomes CEO.
Jan. 29, 2009: Eddie Bauer announces elimination of 193 jobs, including 71 at its downtown Bellevue headquarters.
March 18: Eddie Bauer says it lost $165.5 million in 2008 after losing $101.7 million in 2007; announces attempts to restructure loans.
May 14: Eddie Bauer reports losing $44.5 million in the first three months of the year.
June 17: Files for Chapter 11 bankruptcy protection; says it has buy offer from Rainier for $202 million in cash, plus assumption of certain liabilities.
Source: Eddie Bauer and Seattle Times staff
Copyright © 2009 The Seattle Times Company
Nintendo re-enlists Mario, savior of video-game industry
Verizon-Frontier deal stirs concern among consumers
Brier Dudley: 'Guitar Hero' founder excited about future
Gaps for consumers in Democrat health care bills
Hutch gets $10M from Bezos family for immunotherapy research

PNW Magazine | Easy As Pie
A little friendly competition between professional pie-baker Kate McDermott and The Seatttle Times' Kathleen Triesch Saul is handled with great taste.
nwautos
Local riders say they've seen a surge in scooter interest in recent years, mostly from people wanting another commuting option. Seattle now ranks as o...
Post a comment
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
Do you suffer from "sitting disease"?
Post a comment
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Tugboat sinks at Seattle waterfront pier
- Illegal workers quietly let go
- Child-support error costs nearly $21,000
- Vikings easily beat the Seahawks
- Craigslist adoption ad: A plea by young mother-to-be? A scam?
- Chase shrugs off loss of CD investors
- Woman stabbed by stranger in North Seattle
- Snow piles up on Cascade slopes
- Denny Triangle gains skyline, but tenants slow to come
- Illegal workers quietly let go
383 - Climate change speeds up since 1997 Kyoto accord
211 - Metro won't cut bus service after all
159 - New Husky recruit: Enes Kanter
101 - Historic health care bill clears Senate hurdle
96 - Tattoos at Mill Creek Church pierce skin, soul
85 - Middleton says Huskies "plan on scoring at least 50 points'' Saturday
82 - Jerry Brewer: Seahawks can't lean on the Hutch Crutch now
74 - Seattle woman charged with knife attack on boyfriend's ex
71 - UW, WSU once again meet to see who's worse
68
- Sprouts, raw fish on attorney's 'do not eat' list
- Tattoos at Mill Creek church pierce skin, soul
- Food-safety lawyer's wish: Put me out of business
- Illegal workers quietly let go
- Architects, chefs find 'kid' within to build Gingerbread Village
- Rediscovering Moab, 'the most beautiful place on Earth'
- It's possible to recover a life lost to hoarding
- Child-support error costs nearly $21,000
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Taste | The Great Pie Bake-off pits friends and fruit






