CFOs Take Center Stage at Global Fashion Summit
liquidation
LuisaViaRoma Files for Liquidation Procedure, Employees to Strike in Florence
The beleaguered luxury e-tailer's business crisis has reached a tipping point.
Ssense Founders to Retain Ownership of Business
The company had been deemed insolvent and lenders had moved to liquidate the company.
Secondary Market Inventory Solution Another Raises Over $2.5 Million in Seed Round
With this added capital, Another plans to grow its team and also put funds toward further product development.
EXCLUSIVE: Women’s Specialty Chain Francesca’s Closing Its Doors
Francesca's will begin liquidating its inventory on Friday as it plans to shut down operations.
Yellow’s Chapter 11 Bankruptcy Plan Clears Court, Top Shareholder Appeals Ruling
A two-year process may soon be wrapped up, but hedge fund MFN Partners has insisted certain creditors would…
Fashion, Footwear Firms Hold Steady Despite US Corporate Bankruptcy Rise in Q3
S&P Global Market Intelligence data shows that the top three large US corporate bankruptcy filings were…
Children’s Shoe Retailer Amiga Shoes In Liquidation Mode
Amiga Shoes filed a Chapter 7 bankruptcy liquidation petition, saying it has no gross revenue this year…
Yellow Nets $14M in Terminal Sales, Sets Up Saia to Further Expand US Footprint
Upon court approval, Saia will acquire three terminals in Florida, N.Y. and California, marking 31 sites it…
Yellow, Creditors Agree on Bankruptcy Plan, Key Shareholder Holds Out
The joint Chapter 11 plan would substantially reduce the billions in claim amounts asserted against Yellow's…
Bankruptcy Court Shoots Down Teamsters’ Claims that Yellow Violated WARN Act
The trucking company was found to be not liable for failing to provide 60 days' notice to union employees…
Fabrics Retailer Joann’s Set to Wind Down All Operations
Fabrics retailer Joann's was sold at a bankruptcy court auction, and the winning bidder plans to liquidate…
Yellow’s Latest Terminal Sale Helps Knight-Swift Bulk Up LTL
The bankrupt trucking firm's estate has sold more than 170 terminals for more than $2.2 billion since the…
Bankruptcies Led Store Closure Announcements in 2024
Fashion and home retailers in 2024 saw a higher rate of store closures than in 2023, impacted by the rise in…
Yellow Offloads Another Dozen Terminals for $192.5 Million
Estes will pay $142.5 million for seven owned properties and four leased terminals, Ramar Land Corp. is…
Pitney Bowes’ Former E-Comm Segment Lays Off 1,200 in Liquidation
The shipping and mailing company had sold off the Global Ecommerce unit after a months-long board review of…