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I received this email today about the purchase/privacy changes. Wonder if my CWC credit account will remain, time will tell.
As a valued Coldwater Creek customer, we are writing to inform you that the Coldwater Creek brand and certain other assets, including its customer list, have been acquired by CWC Direct LLC. We acquired these assets because we believe in the Coldwater Creek brand and we intend to re-launch the Coldwater Creek business in the future. We hope to regain your business by offering you great products and value consistent with Coldwater Creek's 30 year heritage.
The customer list that CWC Direct LLC acquired contains personal information, including your name and email address. As stated above, we acquired these assets because we hope to win your business back in the future when we re-launch Coldwater Creek, and no action is required on your part to remain on the customer list.
We have also changed the Coldwater Creek privacy policy, which can be found here so that we can share your personal information with The Talbots, Inc, ("Talbots"), an affiliate of CWC Direct LLC, because we believe that Talbots products may be of interest to you. Talbots would use your personal information in accordance with its privacy policy, which can be found here. You have the right to opt-out of these changes to the Coldwater Creek privacy policy, which means that Talbots will not use your personal information that CWC Direct LLC has acquired. If you choose to opt out of these changes, you will continue to receive information about Coldwater Creek. If you would like to opt-out of these changes, please click here before June 20, 2014.
The purchase of the customer list by CWC Direct LLC was approved by the United States Bankruptcy Court for the District of Delaware on May 7, 2014. As a result of the purchase,you have the right to opt-out of having your email address transferred to CWC Direct LLC, but we hope that you'll stay so that we can keep you informed of the Coldwater Creek re-launch. If you would like to opt-out of having your email address transferred to CWC Direct LLC and therefore not receive further information about Coldwater Creek or Talbots, please click here before June 20, 2014. Please note that processing your opt-out request may take time and as a result you may receive communications from Coldwater Creek for a period after you choose to opt out.
We truly value your loyalty to Coldwater Creek and hope that you will continue to remain on our customer list so that we can update you as we get closer to the re-launch of the brand. We appreciate your patience and trust, and look forward to having the opportunity to provide you with quality service and products from the re-launched Coldwater Creek in the future.
Sincerely,
CWC Direct LLC