COMPANIES THAT FILED FOR BANKRUPCIES IN 2020
Pier 1 Imports The home goods chain Pier 1 Imports filed for Chapter 11 bankruptcy protection on Feb. 17, listing $340.6 million in liabilities. Its...
Tag : apparelindustry
Lenzing Launches carbon-zero TENCEL™ branded fibers
The TENCEL™ brand is now going carbon neutral with a “reduce-engageoffset” approach, which helps to reduce the product’s carbon footprint, engage industry partners and offset...
The US Fashion Retail Bankruptcies
Approximately 43 retailers have filed for bankruptcies so far, according to S&P Global Market Intelligence report. Latest retailers to go into administration include Le Tote,...
Neiman Marcus’ Restructuring Plan Gets Approval
Neiman Marcus has received court approval for its plan to reorganize in Chapter 11. The luxury department store chain, which filed for bankruptcy in May,...
Ann Taylor May be Out of Bankruptcy Before Thanksgiving
Bankrupt Ascena Retail Group has a hearing on Oct. 23 to confirm its reorganization plan and, once approved, can expect an exit court proceedings about...
NEW YORK FASHION WEEK IN COVID ERA
Organisers adapted to circumstances by hosting a number of outdoor events, and Jason Wu opened the schedule with a runway show on the rooftop of...
Milan Fashion Week Goes Digital
Milan Fashion Week (MFW) has kicked off with a combination of digital and live presentations, and with many more in-person runway shows than the three...
LOCAL BRANDS SEES GROWTH IN THE UK
High street footfall declines ONLINE DRIVING SALES IN THE UK A popular trend that has been seen in UK is that almost half of UK...
LAPF CONDUCTS BUYER SELLER MEET AT TIRUPUR
Liva has successfully concluded yet another buyer seller meet at its LAPF Studio in Tirupur in association with Tirupur Exporters’ Association (TEA). A 10 day...
Holiday Sales Likely to See 1% to 5% increase: Deloitte
It is expected that holiday sales are likely to increase between 1 and 5%, and Deloitte’s overall sales forecast between 1,147 and 1,152 billion dollars...