debt
Macy’s Firms Up Balance Sheet, Unveils New Private-Label Fashion
Retiring debt would put the retailer "firmly on track to be at or below" its target leverage ratio and reach…
Struggling Jessica Simpson Brand Owner Makes $19M Loan Payment After 2-Brand Sale
The debt-saddled owner of the Jessica Simpson brand quickly paid down a loan after selling Caribbean Joe and…
Debt Could Be the Death Knell For These Distressed Retailers
Retailers with speculative grade debt in junk territory face default rate risk, even if they've completed a…
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C&S to Continue Producing and Distributing for Italian Brand Jeckerson
Garment manufacturer C&S is guaranteeing production and distribution for Italian fashion brand Jeckerson…
Here We Go Again? J.Jill Reports Big Exec Bonus, $70M Loss As Loan Deadline Looms
With its forbearance extension set to expire Thursday, time might be running out for the distressed women's…
Wholesalers Like Nike Are Stuck With ‘Bad Debt.’ Here Are Their Options.
Nike, PVH, HanesBrands, Guess and Levi's are among the wholesale brands that have written off "bad debt" as…
Ascena Bankruptcy: How Many Stores Could Close if Ann Taylor’s Parent Files?
Struggling Ascena, owner of mall brands Ann Taylor and Loft, could be the next retailer to file for Chapter…
Debt Drives Denim of Virtue to Shut Down
L.A.-based Denim of Virtue filed for Chapter 7 bankruptcy protection last week, seeking a liquidation of its…
Tailored Brands Faces Bankruptcy Speculation—Here’s Why
Bankruptcy rumors are dogging the men's wear firm, given its $1.4 billion debt load and shoppers swapping…
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…
Gap and Farfetch Are Raising Cash—But Here’s What They’re Doing Differently
The coronavirus crisis has left fashion retailers in a major cash crunch—but how firms are raising funds…
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…
With Virus Stalling Turnaround, JCP Sees Credit Rating Suffer
The department store retailer reportedly hired a consulting team and restructuring advisor to explore…
Bankruptcy, Refinancing Risks Ahead for Neiman, Ascena, Others
The shutdown in brick-and-mortar is setting retailers up for some challenging times—particularly those with…
Troubled Toms Shoes Switches CEOs After Debt Deal
The CEO switch comes a month after Toms announced an agreement to cede control to creditors in exchange for a…