Troubled British clothier All Saints Spitalfields may soon fall into the hands of Yanks.
The Goth-inspired clothing chain is being stalked by a number of US-based investment firms, including Sun Capital and Goode Partners, as it races against the clock to avert a bankruptcy that could come as soon as today, sources told The Post.
UK investment firm Lion Capital — the key lender to Los Angeles-based American Apparel — is also “serious” about a possible acquisition of All Saints, according to a source briefed on the situation.
Suitors are looking to gain control of All Saints from a pair of Icelandic banks and founder Kevin Stanford, a debt-ridden British retail tycoon who was slammed by Iceland’s financial crisis.
According to British media reports, lender Lloyds Banking Group has set today as a deadline for talks before forcing All Saints into insolvency.
The bidders were likewise racing to fill a vacuum left by tech tycoon Michael Dell’s investment firm MSD, which pulled out of the bidding last week after several weeks of talks, according to one source.
Goode Partners, whose investments include the chic clothing chain Intermix, declined to comment. Representatives of Sun Capital didn’t respond to a request for comment. A representative of Lion Capital wasn’t immediately available for comment.