Richard Lowe III Appointed International Creative Director of Spiegel

About Patriarch Partners:

Patriarch Partners, LLC, is an investment firm and holding company managing 75 companies with annual revenues in excess of $8 billion. Founded by Wall Street veteran Lynn Tilton in 2000, Patriarch is dedicated to saving American manufacturing jobs by saving American companies that have fallen from economic favor. Since inception, the Patriarch family of funds have bought more than 150 companies, and in so doing have saved over 250,000 jobs. Patriarch's platform includes a broad range of industrial concerns including Dura Automotive, Oasis Water and American LaFrance, in addition to iconic American brands such as Rand McNally, MD Helicopters, Stila Cosmetics and Spiegel Catalogs. Under Ms. Tilton's leadership, Patriarch has become the largest woman-owned business in America with companies in its platform providing employment to more than 120,000 persons. For more information, please visit: www.patriarchpartners.com.

About Spiegel LLC:

Spiegel LLC is a multi-channel, direct-to-consumer retailer of women's fashion apparel through its three primary brands: Spiegel, Newport News and Shape FX. Each brand reaches its customer base through a combination of specialty catalogs sent to customers throughout the year, as well as offerings via the Internet.

Spiegel has been a household name for almost 150 years and has continued to evolve its positioning to stay relevant to the new and ageless modern woman. Newport News is a 30-year old brand that appeals to women seeking stylish, yet affordable casual fashions. Shape FX is a revolutionary body-enhancing concept that offers apparel and intimates for women to help them achieve their ideal body type.

Spiegel and its business units are headquartered in New York City. For more information please visit: www.spiegel.com

Richard Lowe III Appointed International Creative Director of Spiegel

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