26. Eddie Bauer

26. Eddie Bauer

Being in financial difficulty is nothing new for the 'Great Outdoors' firm Eddie Bauer; they filed for bankruptcy once before in 2009 and were rescued when Golden State Capital stepped in to buy the firm. A decade later, history is repeating itself. Although trading figures have largely remained steady, it's the company's debt that they're struggling to shift or restructure, and the serving repayments on the debt are crippling the firm.

Golden State Capital considered selling the company in 2017 to solve the problem, but in the same year, their credit rating was downgraded by S&P, which made them a less desirable proposition. It's not all bad news though. The company has rallied a little in the last twelve months and is apparently now in talks with California's Pacific Sunwear about a merger. The news was greeted with enthusiasm by the stock exchange, which saw Eddie Bauer's shares increase in value.

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Did You Know...

I

Chefs made their way into celebrity land a while ago. But how many celebrities that weren’t trained as professional cooks are actually whizzes in the kitchen? Here are several that come to mind.

II

Actress Julia Roberts is confident about her cooking skills. “I’m quite a good cook,” she told E! News. “I’m like a closet home ec teacher…I can really cook anything.” Roberts has said she often cooks fish for herself and her kids. And speaking of her three children, “They think that I’m a good cook,” Roberts told People. “They actually told me that I should open a restaurant.” She also relishes cooking for the holidays, particularly shredded Brussel sprouts. Roberts hasn’t published a cookbook, but we did find recipes attributed to her for peach crisp and banana hemp muffins. Or you can make the same summer salad the actress supposedly eats.

III

Chrissy Teigen started off as a supermodel. Then her love of cooking filtered into her professional life too. At this point, she’s created recipes for a limited Blue Apron release and also just launched her own home and cooking line at Target named “Cravings,” after the two cookbooks she’s released. Teigen describes cooking as “a time of peace” for herself. So maybe peace out to her tuna melt sandwich or the fried chicken wings that are a favorite of her husband, John Legend.

IV

Lady Gaga, whose real name is Stefani Joanne Angelina Germanotta, comes from a cooking Italian family. Her father started his own restaurant in New York and also published a cookbook. And apparently, Lady Gaga has inherited the family’s cooking genes. Her Instagram account occasionally features photos of her culinary activities. Sure, sometimes it’s topless cooking. But other times it’s more poignant like in the post she shared about her bringing food to the family of her dear friend who passed away. Want to try a Gaga/Germanotta family favorite? Check out her recipe for whole wheat pasta with a sweet fennel sauce.

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