You are here

Brookstone goes bust; no further impact on OSIM

$77m write-off of investment in 2009

TROUBLED US retailer Brookstone, which was 55 per cent owned by lifestyle products firm OSIM International, has officially gone bust, two months after it defaulted on an interest payment of its debt.

An OSIM spokeswoman told The Business Times yesterday that Brookstone had filed for...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to