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
Financial Markets
J.C. Penney Talks With KKR, Ares, Lenders on Bankruptcy Loan
The plan would be included in a Chapter 11 court filing that could come next week, according to people with knowledge of the matter.
J.C. Penney Talks With KKR, Ares, Lenders on Bankruptcy Loan
The plan would be included in a Chapter 11 court filing that could come next week, according to people with knowledge of the matter.
Retail
J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset.
Just because consumers love the brand doesn't mean they want to buy the clothes.
J.Crew Says Bankruptcy Is the Reset it Needs. But There Actually Has to Be a Reset.
Just because consumers love the brand doesn't mean they want to buy the clothes.
Marketing
The Met Gala That Wasn't
This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.
The Met Gala That Wasn't
This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.
Retail
J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic
A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.
J. Crew Mulls Bankruptcy Under Pressure From Debt and Pandemic
A Chapter 11 bankruptcy would allow J. Crew to stay in business, cut its borrowings and close weak stores to minimize costs.
Retail
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
Retail
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Retail
Report: J.C. Penney to Hire Advisors as It Mulls Debt Management Options
Brick-and-mortar retailers are struggling to keep up with the shift to online shopping, and the crisis has been exacerbated by the coronavirus outbreak.
Report: J.C. Penney to Hire Advisors as It Mulls Debt Management Options
Brick-and-mortar retailers are struggling to keep up with the shift to online shopping, and the crisis has been exacerbated by the coronavirus outbreak.
Retail
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Retail
Barneys Ends Online Sales as It Prepares for New Ownership
The retailer suspended closeout sales on its websites and is transferring the remaining goods to Barneys stores slated to close.
Barneys Ends Online Sales as It Prepares for New Ownership
The retailer suspended closeout sales on its websites and is transferring the remaining goods to Barneys stores slated to close.
Retail
Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse
Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.
Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse
Some of the most familiar names have already collapsed into bankruptcy or liquidated this year. Among the survivors, fates have diverged.
Retail
Despite the End of Barneys Itself, a Happy Holidays for Its Retail Workers
Some of the bankrupt store’s still-employed sales associates are determined to stick it out until the end of liquidation, thanks to high commissions and market demand for their skill set.
Despite the End of Barneys Itself, a Happy Holidays for Its Retail Workers
Some of the bankrupt store’s still-employed sales associates are determined to stick it out until the end of liquidation, thanks to high commissions and market demand for their skill set.
Retail
Barneys Bankruptcy Leads to Rare Black Friday Deals
The luxury retailer is offering store-wide discounts of up to 35 percent on brands such as Prada and Bottega Veneta, in a bid to jettison remaining merchandise.
Barneys Bankruptcy Leads to Rare Black Friday Deals
The luxury retailer is offering store-wide discounts of up to 35 percent on brands such as Prada and Bottega Veneta, in a bid to jettison remaining merchandise.
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.