Kellwood Co. raced the clock Monday, exploring its financial options and negotiating with key bondholder Deutsche Bank to avert bankruptcy by restructuring $140 million in obligations, which comes due midnight Wednesday.
Michael Kramer, president and chief executive officer of Kellwood, said the apparel company was “actively exploring a number of alternatives to strengthen our long-term financial position,” but did not offer specifics. However, he said the process could take up to a month.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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