The Black lives Matter movement has spurred activists to call on major retailers to support blank owned business. Designer Aurora … Continue Reading Fashion News: Nordstrom’s Plan to Sell Products Worth $5M from Black and Latino Brands.
“I design for tomorrow. I never look backward.”
After being saved from bankruptcy by Authentic Brands Group and Simon Property Group for $325 million the owners have hired … Continue Reading Fashion News: Brooks Brothers Hire Michael Bastian as Creative Director.
LVMH’s on again, off again buyout deal is on once again on to acquire Tiffany & Co. After lawsuit’s and … Continue Reading Fashion News: LVMH to pay lower price to Buyout Tiffany & Co.
On September 28th LVMH files a countersuit against Tiffany & Co citing: “The notable absence of a pandemic carveout in … Continue Reading Fashion News: LVMH Files Breach of Contract Countersuit Against Tiffany & Company.
Brooks Brothers ditched it’s bankruptcy auction in favor of the “Stalking Horse” buying offer of $305 million, and shortly after … Continue Reading Fashion News: Brooks Brothers agrees to Stalking Horse bankruptcy bid by Authentic Brands/Simon Property.
On Wednesday July 8th, the famed and over 200 year old men’s luxury retailer filed for bankruptcy protection as they … Continue Reading Fashion News: Famed Brooks Brothers Files for Bankruptcy.
On Friday the largest American Retail chain JC Penny filed for Chapter 11 as the current casualty of the Covid-19 empowered … Continue Reading Fashion News: JC Penney Collapses into Chapter 11 Bankruptcy Carrying $4 billion in Debt.
Thursday May 7th 2020 will be remembered as Dark Thursday as the Corona Virus Lockdown toppled major fashion retailers into … Continue Reading Fashion News: Aldo Footwear Chain filed for Chapter 11, as the Covid-19 Lockdown Ravages Fashion Retail.
On Thursday May 7th Neiman Marcus has declared and filed for Chapter 11 bankruptcy protection, and became the biggest U.S … Continue Reading Breaking Fashion News: Neiman Marcus Files Bankruptcy, but Will Not Liquidate.
Rock Star Menswear Fashion Designer John Varvatos Enterprises Inc, being the 2nd fashion brand to buckle under the weight of … Continue Reading Fashion News: John Varvatos Menswear Files for Chapter 11.
J Crew the once American retail darling brand has filed for bankruptcy on Monday 05/04/2020, falling victim to the Covid-19 … Continue Reading Fashion News: J Crew Files for Bankruptcy due to Corona Virus…..and Heavy Debt.
The Gap Inc. has become a casualty of the Covid-19 pandemic. First they cancelled all Spring/Summer 2020 orders, furloughing most … Continue Reading Fashion News: The Closing of The Gap. Gap Inc. runs out of Money to Operate.
Neiman Marcus is planning to file for chapter 11 protection this week as soon as today, according to sources close … Continue Reading Fashion News: Neiman Marcus to File for Bankruptcy This Week, as Soon as Today.