Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
bankruptcy
News & Analysis
Aeropostale Discusses Sale
The bankrupt teen retailer is negotiating a potential sale to private equity firm Versa Capital Management that would save thousands of jobs and keep many of its stores open.
Aeropostale Discusses Sale
The bankrupt teen retailer is negotiating a potential sale to private equity firm Versa Capital Management that would save thousands of jobs and keep many of its stores open.
News & Analysis
Aeropostale Accuses Sycamore Partners of 'Loan to Own' Scheme
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
Aeropostale Accuses Sycamore Partners of 'Loan to Own' Scheme
Bankrupt U.S. teen retailer Aeropostale filed a motion against its lender, private equity firm Sycamore Partners, in bankruptcy court late on Friday, accusing it of plotting a "loan to own” scheme to push the chain into bankruptcy.
News & Analysis
Aeropostale to Challenge Sycamore's Status as Creditor
US teen retailer Aeropostale plans to challenge in court private equity firm Sycamore Partners' claims as a creditor in its bankruptcy, according to a transcript from a court hearing held this week.
Aeropostale to Challenge Sycamore's Status as Creditor
US teen retailer Aeropostale plans to challenge in court private equity firm Sycamore Partners' claims as a creditor in its bankruptcy, according to a transcript from a court hearing held this week.
News & Analysis
Aéropostale Seeks to Auction Assets in Bankruptcy Wind-Down
Teen clothing chain Aeropostale is preparing to sell all its assets and may bring claims against the private equity firm it said drove it into bankruptcy.
Aéropostale Seeks to Auction Assets in Bankruptcy Wind-Down
Teen clothing chain Aeropostale is preparing to sell all its assets and may bring claims against the private equity firm it said drove it into bankruptcy.
News & Analysis
UK Shadow Chancellor Joins Calls to Strip Philip Green of Knighthood
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
UK Shadow Chancellor Joins Calls to Strip Philip Green of Knighthood
UK Labour finance spokesman John McDonnell has called for former BHS owner Philip Green to be stripped of his knighthood if he refuses to appear before a parliamentary committee this week.
News & Analysis
Under Armour Cuts Outlook, Cites Sports Authority Closing
Under Armour is cutting its full-year revenue guidance, saying that the closure of Sports Authority stores will hurt its sales.
Under Armour Cuts Outlook, Cites Sports Authority Closing
Under Armour is cutting its full-year revenue guidance, saying that the closure of Sports Authority stores will hurt its sales.
Retail
Goldman Sachs Banker Flagged BHS Suitor had History of Bankruptcy
Retail tycoon Philip Green's Arcadia group was warned by a senior Goldman Sachs banker that a possible suitor of its BHS department store chain had a history of bankruptcy, MPs were told on Monday.
Goldman Sachs Banker Flagged BHS Suitor had History of Bankruptcy
Retail tycoon Philip Green's Arcadia group was warned by a senior Goldman Sachs banker that a possible suitor of its BHS department store chain had a history of bankruptcy, MPs were told on Monday.
News & Analysis
Sports Authority Is Shuttering All Stores Amid Bankruptcy
Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers' move online.
Sports Authority Is Shuttering All Stores Amid Bankruptcy
Sports Authority, which filed for bankruptcy protection three months ago, is shuttering all 460 of its stores after it was unable to adapt to consumers' move online.
News & Analysis
Why Aéropostale Lost Its Cool
Aéropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Why Aéropostale Lost Its Cool
Aéropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Retail
Aéropostale Files for Chapter 11 Bankruptcy Protection
Struggling teen apparel retailer Aéropostale Inc has filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers thronged fast fashion retailers and competitors.
Aéropostale Files for Chapter 11 Bankruptcy Protection
Struggling teen apparel retailer Aéropostale Inc has filed for Chapter 11 bankruptcy protection, succumbing to years of losses as shoppers thronged fast fashion retailers and competitors.
News & Analysis
Aeropostale Said to Prepare for Bankruptcy as Soon as This Month
Aeropostale Inc. is preparing to file for bankruptcy as soon as this month, according to people familiar with the matter.
Aeropostale Said to Prepare for Bankruptcy as Soon as This Month
Aeropostale Inc. is preparing to file for bankruptcy as soon as this month, according to people familiar with the matter.
News & Analysis
Pacific Sunwear Files For Chapter 11 Bankruptcy Protection
Struggling surfwear chain Pacific Sunwear of California Inc filed for Chapter 11 bankruptcy protection on Thursday, succumbing to years of losses and intense competition in the teen apparel industry.
Pacific Sunwear Files For Chapter 11 Bankruptcy Protection
Struggling surfwear chain Pacific Sunwear of California Inc filed for Chapter 11 bankruptcy protection on Thursday, succumbing to years of losses and intense competition in the teen apparel industry.
The News in Brief
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.