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Bankruptcy

Covid Collapse: Topshop Owner Enters Administration

After rejecting Frasers Group's "lifeline" offer Monday, Arcadia Group collapsed into bankruptcy, appointing…

JD Sports Said In Talks for Debenhams

Debenhams is believed to be in talks with JD Sports for a sale of the entire business, a move that would help…

Holiday Hope: JCP Eyes Black Friday Chap. 11 Exit

JCP is in bankruptcy court Tuesday for a confirmation hearing on its plan of reorganization.

Chico’s FAS’s Digital and Innerwear Businesses Continue to Be Company Standouts

But the retailer is still registering losses from its other brands.

Peacocks, Jaeger in Bankruptcy But Still in Talks With Buyers

Unable to close on deals before a mandated deadline, Peacocks and Jaeger collapsed into administration.

Francesca’s to Close 140 Stores as Bankruptcy Still on the Table

The women's specialty chain will close the stores by Jan. 30, and is still finalizing a strategic plan that…

Francesca’s to Close Stores, May File for Bankruptcy

Company shares fell more than 33 percent during Monday's trading session as a result.

Tailored Brands to Exit Bankruptcy by November’s End

Tailored Brands will exit Chapter 11 with a lighter debt load, eliminating $686 million in a restructuring.

Tailored Brands’ Chapter 11 Confirmation Plan Approved

The men's wear retailer is expected to emerge from bankruptcy before the end of the year.

L.K.Bennett Preps for Second Bankruptcy in 2 Years

The upscale British brand has seen sales evaporate amid the global pandemic, and many of its roughly 400…

Furla USA Bankruptcy Leaves Simon Holding the Bag

Furla USA will close four stores in shopping malls operated by Simon Property Group—Boston, Miami, Cypress…

Is Tween Brand Justice Really Worth $90M?

Bankrupt Ascena's tween-targeting Justice brand was snatched out of a court auction for $90 million.

Bankruptcy Court Approves J. C. Penney Sale

Employees, vendors and landlords can breathe a sigh of relief now that Penney's will stay in business as it…

Edinburgh Woollen Mill Collapses Into Administration

Edinburgh Woollen Mill Group, which includes Jaeger and the value chain Peacocks, is not part of the…

Brookfield Property Partners Continues to Log Record Losses

But the mall owner said the company will ultimately benefit from a leaner portfolio post-pandemic.