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.
Baselworld 2021, the international watch and jewelry trade show, that is held every year in Switzerland in the city of Basel … Continue Reading Fashion News: LVMH Bails on Baselworld Festival.
The company that operates David and Victoria Beckham’s “fashion empire” Beckham Brand Holdings paid out dividends of, 30 million pounds, … Continue Reading Victoria Beckham’s Fashion Line is Bleeding Cash, and has yet to make a Profit.
On January 13 it was reported by the Business of Fashion, that New Guards Group (NGG) which is owned by … Continue Reading Opening Ceremony is Acquired by New Guards Group.
The world’s leading luxury group (“LVMH”) Louis Vuitton Moet Hennessy has reached an agreement with Tiffany & Co to acquire … Continue Reading LVMH: Purchases Tiffany & Company for $16.2 Billion.
According to the Wall Street Journal Barneys has brokered a deal in the amount of $271 Million yesterday with Authentic Brands … Continue Reading Fashion News: Barneys Could Close all Stores by Next Week.
In June 2018 H&M launched it’s latest outlet brand Afound. With a concentration on online/digital market as well as few … Continue Reading Fashion News: Afound: H&M’s New Discount Marketplace.
Last Sunday on September 29th Forever 21 officially filed for Chapter 11 protection, and is hurting for cash which is … Continue Reading Forever 21 Hits Rock Bottom: Files for Bankruptcy.