The retailer said allegations surrounding its recent debt restructuring aren’t worthy of further litigation.
The brand beat back an attempt by two term loan lenders to impede a debt restructuring they didn’t agree to.
The launch comes as marketplace companies increase sourcing globally, from a larger number of suppliers.
Rent costs will soon be considered debt, not an expense.
B. Riley & Co. will no longer follow and analyze the brand, which has repeatedly warned of its going concern future.
The brand got the go-ahead from a bankruptcy judge to reject Azria’s employment agreement.
The platform now meets supplier tax compliance in 47 countries.
With an expected initial public offering this spring, Snap’s vital stats — and estimated $25 billion valuation — should come into sharper focus.