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Monday, December 8, 2014

Delia*s files for Chapter 11 bankruptcy protection, (NCM: DLIA)

Teen apparel retailer Delia*s Inc filed for Chapter 11 bankruptcy protection and said it had hired advisers to help liquidate its assets. The company listed total assets of $74 million and liabilities of $32.2 million in its filing on Sunday with a U.S. bankruptcy court. (

dELiA*s, Inc. is a retail company comprised of two lifestyle brands primarily targeting teenage girls and young women. Shares of DLIA fell by 83.83% or $-0.098/share to $0.02. In the past year, the shares have traded as low as $0.02 and as high as $1.35. On average, 2735430 shares of DLIA exchange hands on a given day and today's volume is recorded at 56858744.