WOODLAND HILLS, Calif.--(BUSINESS WIRE)--
Vehicles including a rare 1965 Shelby Mustang GT 350 SR, along with
racks of denim jeans and thousands of yards of denim and leather
material will be on sale during a live Webcast auction beginning at 10
a.m. (PDT) Tuesday, July 26 hosted by Great American Group, LLC (OTCBB:
GAMR), a leading provider of asset disposition, valuation and appraisal
Auction items can be inspected from 10 a.m. to 4 p.m. (PDT) Monday, July
25 at 7355 E. Slauson Ave. in Commerce, CA.
A wholesaler and retailer of what it called "avant-garde" apparel, Rock
& Republic Enterprises, Inc. filed for Chapter 11 reorganization in
April 2010. Greensboro, North Carolina-based VF Corporation, the
manufacturer of Lee and Wrangler jeans, won court approval to buy the
company's brand names and intellectual property for $57 million.
"Since Rock & Republic was a denim jean manufacturer, auction items will
include jeans, clothing materials, threads, garment machinery, sewing
machines, and warehouse and garment racking," said Roy Gamityan, senior
vice president/Industrial with Great American Group. "But this auction
is unique given some of the vehicles available for auction."
In addition to the 1965 Shelby Mustang GT 350 SR, other vehicles include
a 2006 Bentley Continental Flying Spur, a 2006 Aston Martin V8 Vantage,
two 2006 Volkswagen Touaregs, a 2008 GMC Sierra 1500 Truck, a 2005 Ford
E450 Box Van, a 2005 Ford E350 Van, and a 2006 Mercedes Benz C230. Other
auction items include Mac and Dell computers, printers and tradeshow
Great American Group was appointed to conduct the auction by order of
the Trust Plan Administrator.
Founded by cyclist Michael Ball in 2002, Rock & Republic's clothing and
accessories were sold through upscale retailers and three company
stores. In 2009, the company cited revenues of $97.9 million before
filing for bankruptcy in Manhattan in 2010. The bankruptcy judge signed
a confirmation order on March 23, 2011 approving Rock & Republic's
Chapter 11 plan. VF Corp. announced it had signed a long-term licensing
deal with Kohl's Corporation to carry the Rock & Republic brand.
For more information about the Rock & Republic auction and a complete
list of the auction items available, contact Roy Gamityan at (818)
884-3737 or visit the company's website at www.greatamerican.com.
About Great American Group
Great American Group, LLC, is a leading provider of asset disposition
solutions and valuation and appraisal services to a wide range of
retail, wholesale and industrial clients, as well as lenders, capital
providers, private equity investors and professional service firms.
Great American Group has offices in Atlanta, Boston, Chicago, Dallas,
London, Los Angeles, New York and San Francisco. For more information,
contact (818) 884-3737 or visit www.greatamerican.com.
Great American Group
Vice President of Marketing
847-444-1400 ext. 2312
Source: Great American Group
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