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Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Another home furnishings brand bites the dust. "Liquidation sales are imminent" for Rachel Ashwell’s worn-in-yet-pricey Shabby Chic line, which filed for bankruptcy in January. That means closing sales at Ashwell's Wooster Street boutique. "In a filing dated March 3, lawyers said Ashwell herself was the only party interested in keeping Shabby Chic alive as a going concern but had not entered a bid. According to court documents, the company owed its three groups of secured creditors between $27.7 million and $28.8 million." [WWD, subscription req]