“This is a blog I never in my wildest nightmares thought I would have to write. Last Thursday evening Shabby Chic filed Chapter 11 bankruptcy protection.
Business has been hard for a while, but the notion that my beloved company would become as broken as it has was never a consideration for me.

I thought there would be other solutions. But with great sadness, in the end, it was the best choice of some very not nice choices. What this means to me is an opportunity to try to restructure and save Shabby Chic. Over the past couple of years we opened about 10 new stores. Largely due to an economy that took a dramatic turn, the timing was very poor to try and expand. There are other reasons that caused the cracks, which one day I will explain just to pass on my lessons.”

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There’s more about this on her blog: http://www.rachelashwellshabbychic.blogspot.com/

So sad and scary. But, it’s an opportune time for everyone to re-invent themselves.