Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
Beauty’s Highest-paid CEOs
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Bankruptcy Looks Like a Real Possibility for Bed Bath & Beyond. Here’s Why.
After a miserable quarter and two executive exits, now the home goods retailer is burning through cash and…
Deal Digest: Ganni For Sale and Much, Much More
L Catterton's reportedly shopping Danish It-girl brand Ganni around as the M&A market sparks new activity…
82% of CFOs Think North American Economy Will Be in Worse Shape Next Year
Just more than half of the financial chiefs surveyed for a Deloitte report think the North American economy…
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Guess Joins Mango, Prada in Using Finance to Further Sustainability
The interest rate on Guess' credit facility is tied to goals such as reducing carbon emissions and using more…
Home Goods Retail Is Risky Business, S&P Says
In the struggling home furnishings sector, leveraged Mattress Firm is planning an IPO as debt-laden Casper…
These European Fashion Retailers Will Have the Strongest Recovery in 2022
European fashion retailers and apparel firms focused on e-tail, luxury and sportswear will see strong…
Jessica Simpson Owner’s Financial Woes Mount Amid Bankruptcy Questions
Questions over accounting practices and potential credit defaults are just two of the battles Sequential is…
Dillard’s Amends $800M Revolving Credit Facility
The retailer has amended its credit facility, consistent with liquidity needs, with a new maturity date of…
Macy’s Closes on $4.5 Billion in New Financing
The new financing will help Macy's pay down borrowings under an existing revolver.
Macy’s and Under Armour Raise Funds to Pay Off COVID-19 Debts
Macy's notes will help pay down $1.5 billion in borrowings on its revolver, while Under Armour upsized its…
Dillard’s to Reopen 55 Stores Starting Tuesday
The department store operator also amended its $800 million revolving credit facility, and will have no…
Gap Balks at $115M in Rent Payments as Q1 Cash Dries Up
Liquidity is a growing concern, and Gap warns that if it can't raise funding there could be more layoffs, and…
Macy’s, American Eagle Eye $5.4B Raise as COVID-19 Costs Pile Up
Retailers drew down their credit lines, and now the cycle continues as Macy's and American Eagle eye $5.4B…
Nordstrom, Levi’s, Target and Columbia Make COVID-19 Money Moves
Companies continue to take measures to strengthen their financial position in reaction to steep falloffs in…
Factors Have Given Up on J.C. Penney for Now—Here’s What That Means
A credit downgrade and no timing on when stores may reopen has factors no longer approving orders for…