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Bankruptcy

Marine Brand Salt Life Has Been Sold

Iconix International and Hilco Merchant Resources are slated to acquire certain assets of beach lifestyle…

All Seven Core Eastern Mountain Sports Stores to Remain Open

Mountain Warehouse's $10 million deal to acquire Eastern Mountain Sports will keep seven core stores in…

Avon Products Inc. Files for Chapter 11 Bankruptcy

The company faces a mounting pile of debt linked to talc-related lawsuits, its Brazilian parent company…

Consumer Companies Lead Corporate Bankruptcies in 2024

Sixty companies have filed for bankruptcy in the consumer discretionary category this year so far.

Pitney Bowes Sells Off, Liquidates Global E-Commerce Segment

The GEC unit had long been a money-losing operation for the shipping and logistics company.

Eastern Mountain Sports Secures $5 Million Stalking Horse Bid

U.K. outdoor and sports gear retailer Mountain Warehouse is the stalking horse bidder for Eastern Mountain…

Authentic Lines Up New Licensees for Ted Baker

United Legwear, Peerless and BCI Brands will revive the collection and relaunch the North American websites.

Cash Crunch Sees Home Retailer Conn’s Shutting Down Operations

134-year-old home retailer Conn's filed a Chapter 11 bankruptcy petition to sell assets and do an orderly…

Coloreel Group AB Files for Bankruptcy

The company made the only printer for instant direct-to-embroidery thread dyeing.

Ohio Distribution Center Lays Off Dozens Following Express Bankruptcy

The Columbus facility saw headcount reduced by 85 amid "unpredictable" demand for Express products spurred by…

Bob’s Stores to Close; Eastern Mountain Sports’ Future Unclear

The lender for apparel and footwear retailer Bob's Stores pulled the plug on financing after parent firm…

Delta Apparel Files for Bankruptcy, Sells Salt Life

The sea-savvy brand has a $28 million deal with FCM Saltwater Holdings seen as a stalking horse.

Salt Life Set for Sale as Delta Apparel Files for Bankruptcy

The sea-savvy brand has a $28 million deal with FCM Saltwater Holdings seen as a stalking horse.

What Retailers Can Learn From Express’ Trip Through Bankruptcy

Hilco executive Ian Fredericks diagnoses what went wrong at Express as it reemerges from Chapter 11.

Express to be Bought Out of Bankruptcy for $174M

A consortium called Phoenix, composed of WHP Global, Simon Property Group, Brookfield Properties and…