Bankruptcy

Chico's store

Financial

Chico’s FAS Canada Files for Bankruptcy

The retailer will close four Chico’s and six White House Black Market stores, but the e-commerce businesses will remain operational in Canada.

clock July 31, 2020Kellie Ell

Victoria's Secret

Intimates

Wall Street Analysts Bullish on Victoria’s Secret Parent Company

L Brands’ stock surged more than 35 percent after the retailer laid out plans to save the company roughly $400 million annually.

clock July 29, 2020Kellie Ell

Men's Wearhouse

Financial

Tailored Brands Says Bankruptcy ‘Likely’

The company, which lost $269.9 million in the first quarter, said it could file in the third quarter.

clock July 27, 2020Evan Clark

Neiman Marcus in The Shops at Hudson Yards is close to declaring bankruptcy due to the effects of the COVID-19 pandemic forcing closures across America, New York, NY May 1, 2020. (Anthony Behar/Sipa USA)(Sipa via AP Images)

Fashion Scoops

What to Know About Neiman Marcus’ Bankruptcy

The 113-year-old retailer has been severely impacted by the coronavirus pandemic and its heavy debt load.

clock July 24, 2020Layla Ilchi

CD8

Financial

Club Deal 8 Said Eyeing Bid on Brooks Brothers on Aug. 4

The group of Italian investors will compete with the likes of Authentic Brands Group and WHP Global.

clock July 24, 2020Luisa Zargani

RTW Retailwinds has begun liquidating many of its stores.

Retail

RTW Retailwinds Teetering for Too Long

Formerly called New York & Co., turnaround strategies revolving around celebrities, plus sizes and digital growth, were too late.

clock July 13, 2020David Moin

Brooks Brothers 346 Madison Avenue Flagship.

Retail

Brooks Brothers: Let the Bidding Begin

The 202-year-old company will pursue a sale rather than a reorganization, with WHP Global and ABG seen as the leading contenders.

clock July 8, 2020Jean E. Palmieri

HONG KONG, HONG KONG - JULY 23:  Victoria's Secret Angels Martha Hunt (L) and Josephine Skriver pose for photographs to promote the launch of Victoria's Secret Hong Kong Flagship Store in Jardine's Bazaar, Causeway Bay, on July 23, 2018 in Hong Kong, Hong Kong. (Photo by Nicky Loh/Getty Images for Victoria's Secret)

Intimates

Victoria’s Secret Closes Hong Kong Flagship

The store has been open for fewer than two years.

clock June 25, 2020Kellie Ell

GNC store

Financial

GNC Files for Chapter 11 Bankruptcy Protection

The health and wellness company is hoping for a sale, but in the meantime plans to close between 800 and 1,200 stores.

clock June 24, 2020Kellie Ell

AllSaints Rockefeller Center

Financial

AllSaints Gets U.S. Bankruptcy Court OK of U.K. Restructuring

Hit hard by the pandemic, AllSaints is getting a new cash injection as it faces tens of millions of dollars in unpaid rent.

clock June 23, 2020Kali Hays

A Denim of Virtue Instagram post.

Fashion Scoops

Denim of Virtue Brand Shutters

The L.A. premium denim brand abruptly closed and is liquidating through bankruptcy.

clock June 22, 2020Kali Hays

j.c. penney store sign

Financial

J.C. Penney’s Suitors Circle in Bankruptcy Process

The company faces a key deadline next month that could decide its future.

clock June 17, 2020Evan Clark and Sindhu Sundar

Long Tall Sally

Fashion Scoops

Long Tall Sally Closing Forever

The latest retail casualty of the coronavirus.

clock June 16, 2020Kellie Ell

Escada store Paris

Financial

Escada Seen Struggling Under New Owner

The waning luxury brand is facing permanent store closures, loss of key executives and is pulling out of the traditional fashion timeline.

clock June 12, 2020Kali Hays

Victoria's Secret store London

Financial

Victoria’s Secret U.K. Explores Refinancing Options, Possible Sale

Parent company L Brands files for credit protection in the U.K., a move that will impact the lingerie business’ 25 U.K. stores.

clock June 5, 2020Kellie Ell and Samantha Conti

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Essentialist

Today's Must Read

Talitha Getty by Jeanloup Sieff for Vogue Paris, February 1970.

Fashion

Saint Laurent Acquires Major Private Collection of Vintage YSL Clothes

clock 17hJoelle Diderich

Social Studies