Malden Mills is on track to emerge from chapter 11 bankruptcy by late August of this year.

Malden received praise from employees and the media alike for its decision to rebuild in Lawrence, MA the day after a 1995 fire – and pay inactive employees during the process. Owner and CEO of Malden, Aaron Feuerstein remained loyal to his employees, risking profits and possibly contributing to the cause of Malden’s bankruptcy on their behalf.

Executive Vice President of Sales and Marketing, Cesar Aguilar attributes much of Malden Mills recent success to customer loyalty. “Our customers stood by us,” he said. “Malden Mills is emerging as a more efficient, highly focused organization…”