Hilco to oversee competitive sale process of Francesca’s, ‘robust’ interest reported

A sale process for the assets of womenswear retail chain Francesca’s has been launched, with advisors already reporting “robust” interest in the brand. Hilco Global has been appointed as the asset disposition consultant for Francesca’s Acquisition, LLC and its debtor affiliates following a stalking horse agreement with Stand Out For Good, Inc. The group had submitted a seven million dollar bid for the intellectual property of Francesca’s upon the retailer filing a Chapter 11 bankruptcy petition last week.