Search results
Results from the WOW.Com Content Network
In addition, the brand put out a nationwide call for customers to try-out to be Avenue clothing plus-size models. [13] In May 2018, Mark Walsh was appointed CEO of Avenue, succeeding to Liz Williams. [14] On August 9, 2019, Avenue Stores again filed for Chapter 11 bankruptcy. The case was filed in Delaware as case number 19-11842.
It went bankrupt once more in 2011, with the remaining stores closed before Easter of that year. [48] Anderson-Little – men's specialty retailer originally associated with a large Massachusetts-based men's clothing manufacturer; also known as Anderson Little-Richman Brothers; owned for many years by F. W. Woolworth Company.
Liquidity was raised to about $1B after a loan and additional financing were secured. Bed Bath & Beyond's stock was also down on the market by 28%. Analysts warned that the company was teetering on the edge of a Chapter 11 bankruptcy filing, citing that it could be too late to turn things around and that the company could default on its debt. [39]
Whether or not a stock can recover after filing for bankruptcy depends on the bankruptcy proceedings. For example, if a company files Chapter 7, it is likely you will lose the entirety of your ...
Jan 17 (Reuters) - Children's clothing retailer Gymboree Group Inc filed for Chapter 11 bankruptcy protection, the second time in almost two years, and said on Wednesday it will close more than ...
A U.S. bankruptcy judge has approved the sale of the majority of Express Inc. 's operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the ...
The clothing line has two different brands: Diesel and Diesel Black Gold. There is also a line for children, called Diesel Kid. The company is known for its surreal advertising campaigns. Diesel USA filed for Chapter 11 bankruptcy protection in March 2019, and announced it would eliminate a portion of its brick-and-mortar fleet.
On May 1, 2024, rue21 filed for Chapter 11 bankruptcy for the third time, listing liabilities between $100 million and $500 million. The company has plans to sell itself during the procedure and will pursue a potential sale with any interested parties. As part of that plan, rue21 closed all of its remaining 540 stores nationwide.