Retailer Forever 21 has filed for bankruptcy for a second time after being hit by rising inflation and intense competition in the fast-fashion sector. Forever …
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Bankruptcy
Forever 21 Weighs Liquidation Ahead of Bankruptcy in Coming Days
The US-based operator of retailer Forever 21 Inc. is preparing to potentially close down its stores as part of a bankruptcy filing in the coming …
Canadian Retailer Prepares to File for Bankruptcy
Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter. The department chain has been unable …
Forever 21 Plans Hundreds of Store Closures in Second Bankruptcy
The US-based operator of Forever 21 Inc. is preparing to close at least 200 more locations from the fast-fashion retailer’s shrinking store base as part …
Forever 21 Considers Bankruptcy Filing If Asset-Sale Plans Fail
Forever 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to people with knowledge of the …
Vitamin Shoppe Owner Files for Bankruptcy
Franchise Group Inc., the owner of brands including the Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, filed for bankruptcy protection after months of …
Avon Products Files for Bankruptcy to Wrangle Talc Lawsuits
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 …
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 …