Fashion

Voices of Fashion's Black Creatives on the Work to Be Done

clock 9hAndrew Shang and Victor Vaughns Jr. and Thomas Waller and Luis Campuzano and Emily Mercer and Rosemary Feitelberg

Business

The Cost of COVID-19: Gap Inc. Loses $932 Million in First Quarter

clock 16hDavid Moin

Business

Black and in Fashion, Representation in the Workforce

clock 18hEvan Clark

J. Crew

Calvin Klein got a new creative director, Ralph Lauren launched its “Way Forward Plan” and G-III Apparel bought DKI from LVMH.

Financial

G-lll Apparel Group Closing All Wilsons Leather and G.H. Bass Stores

With the majority of stores closed last quarter because of the coronavirus, the retailer and apparel supplier lost more than $39 million.

clock June 4, 2020Kellie Ell

RTW Retailwinds is considering Chapter 11 due to the ongoing COVID-19 pandemic.

Financial

RTW Retailwinds Eyes Bankruptcy

The specialty retailer’s parent, like other retailers affected by the coronavirus pandemic, said Wednesday that it may file for Chapter 11.

clock June 3, 2020Sindhu Sundar

J. Crew

Legal

J. Crew Can Defer Rent Payments

A bankruptcy court allowed the retailer to defer rent payments, even as states are lifting lockdown orders.

clock May 26, 2020Sindhu Sundar

post coronavirus greeting

Legal

Emerging From Bankruptcy and Reopening Stores in a Pandemic

As retailers pursue swift restructuring plans to start anew, they face the safety risks of doing so during a public health crisis.

clock May 22, 2020Sindhu Sundar

J. Crew

Legal

J. Crew’s Effort to Delay Rent Payments Draws Opposition

The bankrupt retailer’s landlords objected to the notion of deferring rent payments for 60 days, citing reopenings in a number of states.

clock May 20, 2020Sindhu Sundar

Neiman Marcus store

Financial

Lenders Step to the Fore in Fashion

Debt holders are moving from collecting interest payments to driving the agenda.

clock May 19, 2020Evan Clark

A sign for a J.C. Penney store in a mall in New York, New York, USA, 28 February 2019. The national department store announced that is planning to close 18 additional stores this year with the closures likely to come in 2020.JC Penney Announces Store closures, New York, USA - 28 Feb 2019

Financial

Bankrupt in Fashion’s COVID-19 Crisis

The coronavirus shutdown has starved businesses of much-needed cash and forced them into bankruptcy.

clock May 17, 2020Sindhu Sundar and Evan Clark

J.C. Penney

Retail

J.C. Penney Files for Chapter 11

The department store chain filed for bankruptcy after struggling to prop up sales even before the coronavirus pandemic.

clock May 15, 2020Sindhu Sundar and David Moin

woman walks past a boarded up J. Crew

Financial

Retail’s Lost Month: April Sales Drop 89.3 Percent at Specialty Stores

The department store business was cut nearly in half as the COVID-19 shutdown shutout retailers as consumers stayed home.

clock May 15, 2020Evan Clark

Coronavirus downtown L.A.

Legal

DIP Lenders’ Strings May Pose Concerns for Creditors

The COVID-19 era’s retail bankruptcies will highlight the power struggles between debtor-in-possession financing lenders and trade vendors.

clock May 13, 2020Sindhu Sundar

Macerich's Broadway Plaza in Walnut Creek, Calif.

Retail

Macerich Maps Out Plans to Reopen Shopping Centers

The real estate investment trust hopes to have all of its properties open by mid-June. Meanwhile, only about 26 percent of tenants paid April rent.

clock May 12, 2020Kellie Ell

Wrangler store

Financial

Wrangler, Lee Jeans Parent Company Investing in Digital, Slowly Reopening Stores

Kontoor Brands charts go-forward strategy as the effects of the coronavirus play out around the world.

clock May 7, 2020Kellie Ell

The John Varvatos store in Dubai has a residential feel.

Legal

John Varvatos Files for Chapter 11

The designer brand cited ongoing sales declines in recent years that were compounded by the coronavirus pandemic.

clock May 6, 2020Jean E. Palmieri and Sindhu Sundar

J. Crew

Retail

J. Crew Moves Ahead With Bankruptcy Financing

The retailer secured the preliminary green light for its bankruptcy financing and a number of its early requests.

clock May 5, 2020Sindhu Sundar

woman walks past a boarded up J. Crew

Financial

J. Crew Blues: The Bankrupt Retailer Looks to the Future

With its Chapter 11 filing Monday, the retailer is set to get new owners and a slimmer profile.

clock May 5, 2020David Moin and Evan Clark

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Essentialist

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Frédéric Arnault

Business

LVMH Names Frédéric Arnault Tag Heuer CEO

clock 22hMimosa Spencer

Social Studies