An anonymous commenter just left an unconfirmed comment about the future of babystyle, so take it for what it's worth:
I heard through the grapevine that The Right Start is supposed to buy Babystyle on July 8th. There is a court hearing that day to handle the 'auction' sale of the all things Estyle.Well, I just checked the bankruptcy court filings, and it's true: on June 20th, babystyle submitted for court approval a purchase agreement with The Right Start, a privately held chain of baby stores. The sale price for babystyle's assets, including retail leases, is $5.5 million, excluding cash and receivables of just under $1 million.
To complete the sale, the court will hold an auction on July 8th; if no higher bidders come forward, the TRS deal will go through. The sale is only for babystyle's operating assets and almost none of its liabilities. Like gift cards or store credits. If you have a babystyle gift card lying around, I'd say you have a very few days left to use it, so hop to. As for current creditors of babystyle, they're looking at getting around 20 cents on the dollar if the TRS deal goes through at this price.
Previously: Babystyle files for Ch. 11 bankruptcy