Nine West Holdings Inc. said Friday that it has filed for chapter 11 bankruptcy protection, and will sell the namesake Nine West and Bandolino footwear and handbag businesses as part of the reorganization to Authentic Brands Group. The company also plans to revamp the capital structure of its other businesses including Anne Klein, Kasper Group and One Jeanswear Group. Nine West has received $300 million in debtor-in-possession financing and has entered into a restructuring agreement with the parties that hold more than 78% of its secured-term debt and more than 89% of its unsecured term debt, which the company said will provide it with the liquidity needed over the course of its case. The SPDR S&P Retail ETF XRT, -1.70% is down 1.8% for the year to date, but up 6.5% for the past 12 months. The S&P 500 index SPX, -2.19% is up 10.2% for the last year, and the Dow Jones Industrial Average DJIA, -2.34% is up 18.6% for the period.