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,...
Tag : bankruptcy
Victoria Secret UK Secures Itself from Bankruptcy
As per the new deal signed with Next Victoria Secret which has a store in MIlton Keynes, will continue to have a high street presence....
AEPC requests extension of EMI moratorium on term loans till March 2021
Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel requested Hon’ble Minister of Finance Smt Nirmala Sitharaman to extend moratorium on payment of installments for...
BACK TO SCHOOL SALES MAY NOT BE STRONG
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. shopping revenue and sales and...
Chico’s Canada-based business has gone bankrupt.
Chico’s FAS Canada Co., filed for bankruptcy with the Office of the Superintendent in Bankruptcy in Ontario. The proceedings will be conducted through the District...
Cold water creek to shut down after three decades
Women’s specialty apparel chain Coldwater Creek has called it quits after more than three decades. The seller of classic women’s apparel, footwear and accessories last...
Another retailer files for bankruptcy…
Brooks Brothers, founded in 1818, is the recent that has filed for bankruptcy. The retailer, which generated more than $991 million in sales last year,...