American Apparel is completing plans to file for bankruptcy protection as soon as Monday morning, people familiar with the situation said, the latest setback for a company that was thrown into chaos after a battle to oust founder Dov Charney.
BING NEWS:
- Japan's 7-Eleven convenience chain targets aggressive global growth
Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into Europe, Latin America, ...
04/24/2024 - 12:33 pm | View Link - ICT deals top agenda for US tycoons on scouting mission in Nairobi
American tycoons are seeking deals in ICT, renewable energy, agricultural technology, apparel, and textiles sectors.
04/24/2024 - 10:00 am | View Link - Apparel retailer Express to reorganize under Chapter 11
Apparel retailer Express, who is helmed by former Tyson Foods CFO Stewart Glendenning, plans to close 95 stores as it restructures its finances amid a Chapter 11 bankruptcy filing.
04/23/2024 - 2:09 pm | View Link - Mattel's quarterly loss smaller than expected as cost cuts pay off
Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys.
04/23/2024 - 8:52 am | View Link - US sues to block merger of Coach and Michael Kors handbag makers
THE US Federal Trade Commission (FTC) on Monday sued to block Coach parent Tapestry’s $8.5-billion deal to buy Michael Kors owner Capri, saying it would eliminate “direct head-to-head competition” ...
04/22/2024 - 8:56 pm | View Link - More
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