NEW YORK, United States — When Revlon Inc. announced that it was buying Elizabeth Arden Inc. for about $419 million last month, it said the combined …
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Debt
Chanel Raises €700 Million From High-Grade Private Debt Market
Chanel has raised over €700 million ($758 million) from a privately-placed bond sale, people with knowledge of the matter said. The London-based luxury fashion house …
Why Some DTC Brands Are Raising Debt, Not Venture Capital
After nearly a year in business, skin care start-up Nakery Beauty was in need of more capital. Up until that point, the brand, which sells …
Will the Debt Ceiling Fight Crash Retail’s Party?
According to this week’s headlines, the United States might be on the precipice of financial disaster. President Joe Biden and Republican congressional leaders are locked …
Will the Debt Ceiling Fight Crash Retail’s Party?
According to this week’s headlines, the United States might be on the precipice of financial disaster. President Joe Biden and Republican congressional leaders are locked …
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 …
Fashion’s Green Debt Tinged With Greenwash
Fashion giant Chanel, known for its iconic perfume and tweed suits, keeps up to date with changing tastes. These days that means showing consumers — …
Everlane Raises $90 Million in Debt
The basics brand just bagged a fresh round of funding to shore up its expansion plans. The direct-to-consumer company, one of the earliest digital native …
Getting Out of Debt: How I Prioritized Myself After Compulsive Gambling Left Me $75,000 in Debt
After struggling with compulsive gambling for more than a decade, Christina Cook found herself roughly $75,000 in debt. (She’s not sure how much she lost …