More From Sindhu Sundar
Neiman’s Advances With Reorganization Plan, Mytheresa Deal in Hand
The retailer took a big step to having its reorganization plan confirmed, as the bankruptcy court accepted a…
Neiman’s Reaches Tentative Deal With Creditors on Mytheresa Dispute
The retailer is proposing a settlement over the long-running Mytheresa dispute as it rallies support for its…
J.C. Penney Hurtles Toward a Sale Process
The retailer said Wednesday that it is moving "incredibly fast" toward a going concern sale, and negotiating…
WWD Recommends
As Penney’s Pares Down, Bidders Step Up
As Penney's dramatically streamlines through its bankruptcy, there's growing interest in the long-struggling…
The Dueling Narratives Around Neiman’s and Mytheresa
The retailer acquired the German web site in 2014, and transferred the asset a few years later. Bankruptcy…
John Varvatos’ Planned Sale to Lion Gets Court’s Green Light
The designer brand has until mid-August to complete the sale — if not, WHP Global's back-up bid could…
Club Deal 8 Said Eyeing Bid on Brooks Brothers on Aug. 4
The group of Italian investors will compete with the likes of Authentic Brands Group and WHP Global.
Neiman’s Bankruptcy to Shed Light on Mytheresa Dispute
Reports on the controversial deal, filed by the unsecured creditors committee and Neiman's leveraged buyout…
Lion Prevails in John Varvatos Auction
The designer brand proceeds with a bid by Lion/Hendrix Cayman Ltd., already an owner in its business, to buy…
Brooks Brothers Seeks to Sell Southwick Facility for $14M
The men's wear brand's bankrupt entities are seeking to sell the manufacturing facility in Massachusetts.
Neiman Marcus to Face Creditors Over Chapter 11 Plan
The luxury retailer heads to a hearing this week over its restructuring plan, as creditors continue to eye…
Ares Hit With New Suit Over Mytheresa Transfer
While the Neiman's bankruptcy is marked by conflict over the transaction, Ares faces a new lawsuit in New…
Paper Magazine Broke the Internet, but What Happened to Its Instagram Account?
The indie publication's Instagram account disappeared on July 8 and a new lawsuit explains why.
Neiman Marcus, Executive Bonuses, and Its Chapter 11 Journey
The bankrupt retailer faces questions about its plan for awarding executive bonuses amid key hearings in the…
Brooks Brothers’ Bankruptcy Path
The retailer looks to use the Chapter 11 process to conduct a possible going-concern sale, a common endeavor…