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Tag: rescue
JCPenney inks bankruptcy rescue deal
2020-09-10 11:49:00| Daily apparel & textile news and comment - from just-style.com
JCPenney has struck a deal with Brookfield Property Group and Simon Property Group through which the firms will acquire substantially all of the US retail giant's retail and operating assets for US$1.75bn.
Tags: deal
rescue
bankruptcy
inks
JCPenney strikes bankruptcy rescue deal
2020-09-10 11:49:00| Daily apparel & textile news and comment - from just-style.com
JCPenney has struck a deal with Brookfield Property Group and Simon Property Group through which the firms will acquire substantially all of the US retail giant's retail and operating assets for US$1.75bn.
Tags: deal
rescue
bankruptcy
strikes
JC Penney: Landlords plot rescue for department store
2020-09-09 22:44:01| BBC News | Business | UK Edition
The deal for the 118-year-old company could save more than 70,000 jobs.
Tags: store
department
plot
rescue
Moss Bros considering closing stores in rescue deal
2020-08-30 14:44:12| BBC News | Business | UK Edition
The suit maker has been hit by Covid-19 restrictions on events such as Royal Ascot and large weddings.
Tags: stores
deal
closing
rescue
Virgin Atlantic wins backing for 1.2bn rescue deal
2020-08-25 17:36:46| BBC News | Business | UK Edition
An agreement with creditors will secure the airline's future for the next 18 months.
Tags: deal
virgin
atlantic
rescue
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