The bankrupt teen retailer is negotiating a potential sale to private equity firm Versa Capital Management that would save thousands of jobs and keep many of its stores open.
The bankrupt teen retailer is negotiating a potential sale to private equity firm Versa Capital Management that would save thousands of jobs and keep many of its stores open.
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
US teen retailer Aeropostale plans to challenge in court private equity firm Sycamore Partners' claims as a creditor in its bankruptcy, according to a transcript from a court hearing held this week.
US teen retailer Aeropostale plans to challenge in court private equity firm Sycamore Partners' claims as a creditor in its bankruptcy, according to a transcript from a court hearing held this week.
Teen clothing chain Aeropostale is preparing to sell all its assets and may bring claims against the private equity firm it said drove it into bankruptcy.
Teen clothing chain Aeropostale is preparing to sell all its assets and may bring claims against the private equity firm it said drove it into bankruptcy.
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
Under Armour is cutting its full-year revenue guidance, saying that the closure of Sports Authority stores will hurt its sales.
Under Armour is cutting its full-year revenue guidance, saying that the closure of Sports Authority stores will hurt its sales.
Retail tycoon Philip Green's Arcadia group was warned by a senior Goldman Sachs banker that a possible suitor of its BHS department store chain had a history of bankruptcy, MPs were told on Monday.
Retail tycoon Philip Green's Arcadia group was warned by a senior Goldman Sachs banker that a possible suitor of its BHS department store chain had a history of bankruptcy, MPs were told on Monday.
Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers' move online.
Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers' move online.
Aéropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Aéropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Struggling teen apparel retailer Aéropostale Inc has filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers thronged fast fashion retailers and competitors.
Struggling teen apparel retailer Aéropostale Inc has filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers thronged fast fashion retailers and competitors.
Aeropostale Inc. is preparing to file for bankruptcy as soon as this month, according to people familiar with the matter.
Aeropostale Inc. is preparing to file for bankruptcy as soon as this month, according to people familiar with the matter.
Struggling surfwear chain Pacific Sunwear of California Inc filed for Chapter 11 bankruptcy protection on Thursday, succumbing to years of losses and intense competition in the teen apparel industry.
Struggling surfwear chain Pacific Sunwear of California Inc filed for Chapter 11 bankruptcy protection on Thursday, succumbing to years of losses and intense competition in the teen apparel industry.
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.