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
Retail
Pacific Sunwear Preparing for Chapter 11 Bankruptcy Filing
Struggling surfwear chain Pacific Sunwear of California Inc is preparing to file for bankruptcy.
Pacific Sunwear Preparing for Chapter 11 Bankruptcy Filing
Struggling surfwear chain Pacific Sunwear of California Inc is preparing to file for bankruptcy.
Retail
The Little Boutique That Joined, Then Divorced, American Apparel
The founders of Oak, a small chain of fashion boutiques based in Brooklyn, are buying back their business after two and a half years under ailing retailer American Apparel.
The Little Boutique That Joined, Then Divorced, American Apparel
The founders of Oak, a small chain of fashion boutiques based in Brooklyn, are buying back their business after two and a half years under ailing retailer American Apparel.
News & Analysis
Quiksilver Said to Be Near Bankruptcy Deal With Junior Creditors
After months of disputes, Quiksilver Inc. is close to reaching a deal on how much its junior creditors will be paid in the company’s bankruptcy settlement.
Quiksilver Said to Be Near Bankruptcy Deal With Junior Creditors
After months of disputes, Quiksilver Inc. is close to reaching a deal on how much its junior creditors will be paid in the company’s bankruptcy settlement.
News & Analysis
Judge Approves American Apparel Bankruptcy Exit Plan
US Bankruptcy Judge Brendan Shannon approved a reorganisation that hands control of American Apparel to senior lenders, eliminating what may have been Dov Charney's last shot at retaking control of the clothing chain.
Judge Approves American Apparel Bankruptcy Exit Plan
US Bankruptcy Judge Brendan Shannon approved a reorganisation that hands control of American Apparel to senior lenders, eliminating what may have been Dov Charney's last shot at retaking control of the clothing chain.
News & Analysis
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Monday Ruling Decides Fate of Dov Charney Deal for American Apparel
A US judge will decide on Monday whether American Apparel can exit bankruptcy under the control of hedge funds or if he will allow a takeover bid by investors working with its controversial former chief executive, Dov Charney.
Retail
American Apparel Opens Final Takeover Fight With Founder Charney
At a hearing this week in Delaware bankruptcy court, American Apparel Inc.’s fired chief executive officer Dov Charney will try to persuade the judge to throw out the company’s proposed reorganisation plan in favour of one that lets him return to the company he created.
American Apparel Opens Final Takeover Fight With Founder Charney
At a hearing this week in Delaware bankruptcy court, American Apparel Inc.’s fired chief executive officer Dov Charney will try to persuade the judge to throw out the company’s proposed reorganisation plan in favour of one that lets him return to the company he created.
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.