If survival of the fittest is the name of the game, the following firms probably should have spent more time at the gym. Impacted mostly by severe debt and an inability to find a way out, they filed for bankruptcy protection, and some liquidated. A few brands were fortunate and found new owners, but at least three retailers — Bakers, Daffy’s and Mark Shale — closed up shop.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"