On the record · Other

Brookstone

Hong Kong PE firm Sailing Capital and Chinese conglomerate Sanpower bought Brookstone out of its first bankruptcy for about $173 million in 2014. A second Chapter 11 in August 2018 closed all 101 mall stores, but airport stores and the website kept operating throughout.

Research depth

Outcomes researched

Reviewed operating findings or a classified operating outcome are available.

Record updated Sept. 4, 2026

Current ownership

Current owner not established

This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.

What happened under and after ownership

Operating outcome

Operating through distress or restructuring

Filed a second Chapter 11 on August 6, 2018, and closed all 101 US mall stores, but its roughly 35 airport locations and website continued operating throughout the case.

Bluestar Alliance and Apex Digital bought the online, wholesale and IP business for about $65 million in 2018; brookstone.com operates today.

Founded
1965
Sponsor at closure
Sailing Capital and Sanpower Group
  • Wikipedia · founded 1965; Sailing Capital/Sanpower's June 2014 buyout for over $173 million; April 2014 first Chapter 11; August 6, 2018 second Chapter 11 filing; closure o
  • AVCJ · Sailing Capital and Sanpower Group ownership at the time of the 2018 bankruptcy filing
  • Retail Dive · sale of Brookstone's online and wholesale businesses and IP to a Bluestar Alliance/Apex Digital partnership for about $65 million, saving roughly 30 airport sho

What we do not know

These are gaps in the public record, not findings about the organization.

  • No current public ownership assessment has been published.

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