Struggling surfwear chain Pacific Sunwear of California Inc is preparing to file for bankruptcy.
Struggling surfwear chain Pacific Sunwear of California Inc is preparing to file for bankruptcy.
The founders of Oak, a small chain of fashion boutiques based in Brooklyn, are buying back their business after two and a half years under ailing retailer American Apparel.
The founders of Oak, a small chain of fashion boutiques based in Brooklyn, are buying back their business after two and a half years under ailing retailer American Apparel.
After months of disputes, Quiksilver Inc. is close to reaching a deal on how much its junior creditors will be paid in the company’s bankruptcy settlement.
After months of disputes, Quiksilver Inc. is close to reaching a deal on how much its junior creditors will be paid in the company’s bankruptcy settlement.
US Bankruptcy Judge Brendan Shannon approved a reorganisation that hands control of American Apparel to senior lenders, eliminating what may have been Dov Charney's last shot at retaking control of the clothing chain.
US Bankruptcy Judge Brendan Shannon approved a reorganisation that hands control of American Apparel to senior lenders, eliminating what may have been Dov Charney's last shot at retaking control of the clothing chain.
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
At a hearing this week in Delaware bankruptcy court, American Apparel Inc.’s fired chief executive officer Dov Charney will try to persuade the judge to throw out the company’s proposed reorganisation plan in favour of one that lets him return to the company he created.
At a hearing this week in Delaware bankruptcy court, American Apparel Inc.’s fired chief executive officer Dov Charney will try to persuade the judge to throw out the company’s proposed reorganisation plan in favour of one that lets him return to the company he created.
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.