The company needs the money so it can continue selling inventory to pay creditors, who are owed $459 million, according to a court filing.
The company needs the money so it can continue selling inventory to pay creditors, who are owed $459 million, according to a court filing.
Agent Provocateur is a very different business than even designer sportswear, requiring a different supply chain and store aesthetic.
Agent Provocateur is a very different business than even designer sportswear, requiring a different supply chain and store aesthetic.
Agent Provocateur has been placed under administration, a process similar to bankruptcy reorganisation, and will be sold to the Ashley-backed group.
Agent Provocateur has been placed under administration, a process similar to bankruptcy reorganisation, and will be sold to the Ashley-backed group.
The reorganisation process is expected to be completed within six months and the stores will remain open during this time.
The reorganisation process is expected to be completed within six months and the stores will remain open during this time.
BCBG Max Azria is making preparations to file for bankruptcy as soon as next week, people familiar with the matter said on Friday.
BCBG Max Azria is making preparations to file for bankruptcy as soon as next week, people familiar with the matter said on Friday.
Limited Stores LLC, parent of US women's apparel chain The Limited, announced on Tuesday that it had it filed for bankruptcy.
Limited Stores LLC, parent of US women's apparel chain The Limited, announced on Tuesday that it had it filed for bankruptcy.
Many of the 2,166 employees at the company's headquarters in Los Angeles and 959 employees at the nearby South Gate manufacturing facility now stand to lose their jobs.
Many of the 2,166 employees at the company's headquarters in Los Angeles and 959 employees at the nearby South Gate manufacturing facility now stand to lose their jobs.
The news comes at a challenging time for designer brands on both sides of the Atlantic, particularly those operating without outside investment and dependent on a wholesale model.
The news comes at a challenging time for designer brands on both sides of the Atlantic, particularly those operating without outside investment and dependent on a wholesale model.
American Apparel, in its second bankruptcy, is being sold in an auction that began Monday morning in New York.
American Apparel, in its second bankruptcy, is being sold in an auction that began Monday morning in New York.
American Apparel owns a clothing factory in Los Angeles, an added benefit to buying the retailer, that would position Amazon to respond to apparel trends more quickly than competitors that make clothes overseas.
American Apparel owns a clothing factory in Los Angeles, an added benefit to buying the retailer, that would position Amazon to respond to apparel trends more quickly than competitors that make clothes overseas.
The chain has struggled like other mall-based retailers as consumers shift spending to experience rather than clothing.
The chain has struggled like other mall-based retailers as consumers shift spending to experience rather than clothing.
Heavily indebted retailers J. Crew Group Inc. and Claire’s Stores Inc. are delving into their loan agreements to find creative ways to raise or reconfigure their debt.
Heavily indebted retailers J. Crew Group Inc. and Claire’s Stores Inc. are delving into their loan agreements to find creative ways to raise or reconfigure their debt.
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.