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Neiman Marcus latest to file for Chapter 11 bankruptcy
2020-05-11 12:47:00| Daily apparel & textile news and comment - from just-style.com
US luxury department store retailer Neiman Marcus has become the latest to file for Chapter 11 bankruptcy protection with a deal that will hand the business over to its creditors, as the coronavirus pandemic continues to take its toll on struggling companies.
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latest
chapter
bankruptcy
Colombian airline Avianca files for bankruptcy in US court
2020-05-11 03:05:15| BBC News | Business | UK Edition
The firm said its income has dropped 80% since grounding its fleet due to the coronavirus pandemic.
Supplier crisis shows why retailer bankruptcy laws need reform
2020-05-05 14:36:00| Daily apparel & textile news and comment - from just-style.com
In recent weeks a number of global retailers have found themselves in deep waters financially. But when a retailer is declared bankrupt, it has a detrimental knock-on effect on its supplier factories.
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laws
reform
crisis
Gold's Gym files for bankruptcy protection
2020-05-05 09:26:40| BBC News | Business | UK Edition
The global gym chain was made famous by the 1977 docudrama Pumping Iron with Arnold Schwarzenegger.
Tags: files
protection
bankruptcy
gym
J.Crew files for Chapter 11 bankruptcy protection
2020-05-04 13:21:00| Daily apparel & textile news and comment - from just-style.com
US apparel retailer J.Crew Group has filed for Chapter 11 bankruptcy protection as part of an agreement that will hand over control to its top lenders.
Tags: files
protection
chapter
bankruptcy
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