Search results
Results from the WOW.Com Content Network
A huge fire that erupted at a clothing market in Ghana’s capital Accra has destroyed hundreds of livelihoods and businesses. The fire at Kantamanto Market – one of the world’s largest ...
The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in online shopping and then by the economic impact of the COVID-19 pandemic.
The 2012 Dhaka garment factory fire broke out on 24 November 2012, in the Tazreen Fashion factory in the Ashulia district on the outskirts of Dhaka, Bangladesh. [3] At least 117 people were confirmed dead in the fire, and over 200 were injured, [1] making it the deadliest factory fire in the nation's history. [4] The cause of the fire was not ...
Notably, retail closures have picked up this year because the sector’s sugar high of 2021 and 2022 — when consumers were buying new furniture, televisions and clothing — has ended. There ...
On 11 March 2021, a fire occurred at a clothing factory in Obour, [1] a city in Egypt near Cairo. [2] It killed at least 20 people and injured another 24. [3] Fifteen fire trucks were dispatched to extinguish the fire. [1] The cause of the fire was likely a chemical explosion involving flammable materials stored in the basement of the building.
Many fashion retailers filed for bankruptcy in the aftermath of the pandemic. [1] [2] Almost overnight, fashion brands became 100% reliant upon digital solutions for sales. Fashion events were cancelled, pushing fashion brands to design novel ways to present their new collections. [1]
On Thursday, Victoria's Secret parent company L Brands Inc. (NYSE:LB) announced that it is working with private equity firm Sycamore Partners to spin off the once-legendary lingerie brand as a ...
due to low sales: Zellers: liquidation: 2011–2013: 189: Target acquires the leases of 189 Zellers stores, most of which it would convert into their own stores. Zellers would continue as a chain in 64 smaller communities. Zellers: liquidation: 2012: 64: HBC announces that it would not continue the Zellers brand in smaller communities. Zellers ...