Driving liquidity, working capital, and performance improvements for an eyewear retailer

The situation.

You’re one of the largest domestic retailers of ultra-luxury eyewear and an operator of specialty retailers offering an assortment of optical frames and sunglasses from various luxury brands. But you’re struggling financially as you encounter working capital and liquidity issues. You need help assessing and turning around the business.

We get to work.

We help you understand your current financials and opportunities for improvement in support of a refinancing and M&A process. More specifically, we:​

• Evaluate business performance and capital requirements to identify the best strategic options.​
• Assist with liquidity forecasting, as well as cash management and control. We also find working capital improvement opportunities to help address core liquidity issues.​
• Assess store bases and identify performance improvement initiatives.​
• Conduct asset rationalization analysis to improve operating efficiencies and boost the bottom line.​
• Assist with re-financing, including the development of lender and board communication packages, lender communication strategies, and the delivery of strategic alternate plans to support the re-financing and turnaround process.

The work pays off.

You successfully refinance your debt obligations with your existing lender, including additional financing to support your new turnaround and growth plans.