How Spiegel Recovered
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2003: Promotes Geralynn Madonna to president/CEO of Spiegel and Newport News catalogs.
2003: The Spiegel Group files for Chapter 11.
2003: Shutters hemorrhaging credit unit.
2004: Golden Gate Capital acquires the Spiegel and Newport News titles in conjunction with management.
2005: Spiegel catalog turns a profit.
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