Renzo and Andrea Rosso Push OTB’s Sustainability Agenda to New Heights
Beauty’s Highest-paid CEOs
financial
Trade Credit Risks Rise as Corporate Debt Levels Jump
Credit monitoring and risk management firm Creditsafe has some ideas on how firms can manage financial risks…
Is Dollar General Again The Target Of An Activist?
Dollar General said TRC Capital Investment Corp. commenced an unsolicited "mini-tender" offer for up to 1.5…
Erik and Pete Nordstrom Offer $3.8 Billion to Purchase Namesake Retailer
Other members of the Nordstrom family, along with Mexican retailer Liverpool, are participating in the offer…
WWD Recommends
TJX Takes Minority Stake in Brands for Less; Ups Full Year Guidance
TJX invests $360 million in Dubai-based off-pricer Brands for Less, boosts full-year profit guidance…
Fashion Investor and Retail Lender B. Riley Under SEC Probe
The SEC probe of investment bank B. Riley, a name in the fashion and retail sectors, centers on its ties to a…
Home Retailer Conn’s To Close 71 Doors Amid Chapter 11 Speculation
Struggling discount home retailer Conn's Inc. is said to be contemplating a Chapter 11 filing as it shutters…
Belk Said In Talks With KKR For Financing Package
The department store chain Belk Inc. is reportedly looking to raise $500 million to refinance its debt.
Bankruptcy Possible For Delta Apparel
Delta Apparel put Salt Life up for sale in October, and now its suspending manufacturing operations in…
Gildan Inks Private Placement Deal, Vows to Stay in Quebec
Gildan, which promised to keep its global headquarters in Québec for at least seven years, will use some of…
Legal Expenses Weigh on Gildan Net
Gildan spent $1.7 million in Q4 and $15.4 million in Q1 on advisory & legal fees connected to its proxy fight…
Saks.com Secures Additional Liquidity
The luxury website is receiving an influx of capital from a syndicate including Bank of America, Pathlight…
Shrink Contributed to 99 Cents’ Demise, And So Did An LBO
99 Cents' leveraged balance sheet from an LBO lowered its ability to handle shrink, rising operating costs…
Report: Express Moving Closer to Bankruptcy Filing
Express is considering its options, and has reached out to lenders for Chapter 11 financing in case it…
Asos Warned of 18% Drop in 1H Sales, But Also Had Some Good News
Despite the drop in 1H sales, fast-fashion e-tailer Asos managed to keep full year projections intact and…
Express Shares Face Delisting as Cash Crunch Mounts
Express Inc.'s preservation of liquidity translates to delayed payments to its vendor base.