NEW YORK — Citing the need to lighten a crushing debt load, Dan River Inc. filed for Chapter 11 bankruptcy Wednesday in Georgia’s Northern District court.
But company officials emphasized that they believed their fairly simple debt structure — $157 million worth of bonds with an effective rate of 14 percent — would allow for a brief period of court protection. They said in a statement they hoped the company would emerge from proceedings by the end of the year.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)