Ssense is filing for bankruptcy protection after what it described as an attempt by lenders to force a sale of the company, the Montreal-based e-tailer …
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Bankruptcy
Claire’s Files for US Bankruptcy for Second Time in Seven Years
The tween jewellery and ear-piercing retailer Claire’s has declared bankruptcy in the US for the second time in seven years amid a slowdown in consumer spending and …
Tween Retailer Claire’s Considers Bankruptcy for US Operations
Claire’s Stores Inc. is considering a potential bankruptcy for its US operations, according to people with knowledge of the matter, as the former fixture of …
Eytys Is Back From Bankruptcy
Co-founder Max Schiller is relaunching cult Stockholm-based label Eytys after securing backing from a group of investors including his brother, Acne Studios co-owner Mikael Schiller, …
‘They Played Us’: Forever 21 Vendors Scorn Retailer’s Bankruptcy
When Forever 21’s US operator asked for a discount of as much as 50 percent on a shipment from Kyuseung Ahn’s Seoul-based activewear supplier Leukon …
Forever 21 Creditors Face Large Losses Under Bankruptcy Plan
Suppliers, vendors and other unsecured creditors of Forever 21 are “getting smoked” under a restructuring plan that envisions paltry recoveries on debts owed by the …
Forever 21 Bankruptcy Creditors Probing Sparc-JCPenney Tie-Up
A committee of unsecured creditors to Forever 21 Inc.’s US operator said they are “aggressively investigating” all deals made by the retailer before it filed …
Weightwatchers Prepares For Bankruptcy | BoF
WW International (WW.O), also known as WeightWatchers, is preparing to file for bankruptcy in the coming months as part of a plan to hand control …
Forever 21 Files for Bankruptcy for Second Time
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 …
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 …