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 : retailer
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...
Consolidated Pathways : Providing products that enhance sustainability
IN Conversation with James Krueger, CEO,Consolidated Pathways PS: What is Consolidated Pathways all about? James Krueger : The mission of Consolidated Pathways is to provide...
‘Made in India’ the motto of Continuum Buying Agency A Colloquy with Founder Linda Augustsson
Making India as her ‘Karma bhoomi’ Linda Augustsson, a Swedish woman has fought with all the odds and challenges to pursue her passion for fashion...
ONLINE DRIVING SALES IN THE UK SHOPPERS BUYING CLOTHING & FOOTWEAR
Shoppers turned online to spend once more in August, driving the strongest UK retail sales growth for more than two years, the latest figures from...
AMERICAN EAGLE ANNOUNCES CLOSURE OF 50 STORES Company Reports Losses in Second-Quarter
American Eagle Outfitters Inc. reported smaller-than-expected second-quarter losses and sales that beat expectations, boosted by intimates brand Aerie. On the company’s earnings call with analysts,...
Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
Inditex Takes Pledge to Support Workers Right & Suppliers
The biggest fast fashion retailer Inditex that has been sourcing fashion garments from many parts of the world has pledged to support workers’ rights 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...