The company filed for Chapter 11 in Delaware on Monday as it seeks to address 386 individual talc-related cases, according to its petition. The firm …
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Bankruptcy
Retailer Express Holds Talks for Bankruptcy Financing
Retailer Express Inc. is asking its lenders for funds to help finance a potential Chapter 11 bankruptcy process, according to people with knowledge of the …
REPORT: Outdoor Voices’ Former Employees Say Bankruptcy Is Imminent
Outdoor Voices is planning to file for bankruptcy in the coming weeks, according to a report in Sourcing Journal, citing anonymous former employees with knowledge …
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
Stacy Flynn has spent a decade waiting for the fashion industry to commit to recycling old clothes. This week, she got tired of waiting. On …
The Body Shop Files for Bankruptcy in the US and Canada
The Body Shop has filed for bankruptcy in the US and Canada and is struggling to pay suppliers in Australia as the group’s most profitable …
Renewcell Files for Bankruptcy | BoF
Swedish textile recycler Renewcell said Sunday it filed for bankruptcy after failing to secure sufficient long-term funding to continue operations. The company launched a strategic …
Costa Brazil Returns After Amyris Bankruptcy
The beauty brand, which founder Francisco Costa bought back from parent company Amyris in December, is resuming operations and will be available for sale again …
Vice Media Files for Bankruptcy
Vice Media, which owns Vice, women’s media brand Refinery29 and fashion and culture-focussed publication i-D, filed for Chapter 11 bankruptcy on Monday. A group of …
Revlon Emerges From Bankruptcy After Lender Takeover
Revlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7 billion in debt and handing control of the beauty …
Talc Supplier to J&J, Avon, Estée Lauder Files For Bankruptcy After Lawsuits
A talc supplier filed for bankruptcy after a South Carolina jury ordered it to pay more than $29 million to a woman who said tainted …
Revlon Cleared to Exit Bankruptcy With $2.7 Billion on Debt Reduction Deal
A US judge on Monday approved Revlon Inc’s reorganization plan, allowing the cosmetics maker to cut $2.7 billion from its debt and exit bankruptcy later …
Revlon Faces Hair Relaxer Cancer Claims as Bankruptcy Nears End
Revlon Inc. is grappling with a growing number of allegations that some of its hair products cause cancer as the cosmetics company looks to exit …
Revlon Reaches Lender Settlement, Sends Bankruptcy Plan to Vote
Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining roadblock to a plan that would allow the …
Morphe, R.E.M. Beauty Parent Forma Brands Files for Chapter 11 Bankruptcy
Forma Brands, the beauty incubator behind Morphe, Jaclyn Cosmetics and Ariana Grande’s R.E.M. Beauty, has filed for Chapter 11 bankruptcy protection in Delaware, one week …
Revlon’s Bankruptcy Plan Would Wipe Out Stockholders, Hand Ownership to Lenders
Ronald Perelman’s Revlon Inc. will likely pursue a debt restructuring that hands ownership of the company to lenders and wipes out stockholders, according to an …
TechScape: How do you slice a billion-dollar crypto bankruptcy pie? | Cryptocurrencies
If you owe the bank a grand and can’t repay it, you’re in trouble. If you owe the bank a billion and can’t repay it, …
Revlon to Pay Executives $36 Million in Bankruptcy Bonuses
Revlon Inc.’s plan to give bankruptcy bonuses to its top executives won approval by a federal judge Wednesday despite opposition from the US Justice Department’s …
Revlon Tells Bankruptcy Judge Its Shares May Be Worthless
Revlon Inc. told the judge overseeing the cosmetics giant’s bankruptcy that shareholders don’t need a special, company-funded committee to represent them in the Chapter 11 case …
Revlon Files for Bankruptcy Protection
Revlon Inc filed for Chapter 11 bankruptcy protection on Wednesday after struggling to compete with online-focused upstart brands in recent years. The nail polish and …
Revlon Is Preparing to File for Bankruptcy
Cosmetics giant Revlon Inc. is preparing to file for Chapter 11 bankruptcy as soon as next week as it battles supply chain problems and a …