They closed their retail outlets and filed for Ch. 11 a couple of months ago, but couldn't find an investor to take the place over, which is why they're liquidating.

Not my opinion, but someone else's: Paul Magnati blog comments on GoLite bankruptcy.

My personal opinion is that GoLite blew it when they stopped making the Reed rain pants. I have one of the last pair I could find available new, and they are awesome! When seeking discontinued items, sometimes it is helpful being bigger around than most women!