Bankruptcies

Century 21 Files for Bankruptcy and Shuts Down All Its Stores
Fashion 

Century 21 Files for Bankruptcy and Shuts Down All Its Stores

After being refused a payout from its insurance company.

J.Crew Successfully Emerges From Chapter 11 Bankruptcy With New Owner
Fashion 

J.Crew Successfully Emerges From Chapter 11 Bankruptcy With New Owner

Equitizing more than $1.6 billion USD of secured indebtedness.

SPARC Group to Acquire Brooks Brothers for $325 Million USD
Fashion 

SPARC Group to Acquire Brooks Brothers for $325 Million USD

Approved by the court last Friday.

Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location
Fashion 

Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location

Along with several other stores.

Neiman Marcus' Bankruptcy Trustee Questions $10 Million USD Bonuses to Executives
Fashion 

Neiman Marcus' Bankruptcy Trustee Questions $10 Million USD Bonuses to Executives

Hoping to block the payouts in court.

Brooks Brothers Secures $80 Million USD Interest-Free Loan (UPDATE)
Fashion 

Brooks Brothers Secures $80 Million USD Interest-Free Loan (UPDATE)

Ahead of a court-supervised auction.

G-Star RAW Has Officially Filed for Bankruptcy
Fashion 

G-Star RAW Has Officially Filed for Bankruptcy

As the Coronavirus continues to ravage the fashion industry.

Cirque du Soleil Files for Bankruptcy Protection and Lays Off 3,500 Employees
Entertainment 

Cirque du Soleil Files for Bankruptcy Protection and Lays Off 3,500 Employees

Another 1,300 staff were already terminated earlier this year.

Gold's Gym Files Chapter 11 Bankruptcy Protection
Sports 

Gold's Gym Files Chapter 11 Bankruptcy Protection

Following closures of its various locations amid the coronavirus pandemic.

Investor Group Reportedly Push for Neiman Marcus Sale Amid Imminent Bankruptcy Filing
Fashion 

Investor Group Reportedly Push for Neiman Marcus Sale Amid Imminent Bankruptcy Filing

Competing against an existing $600 million USD loan from other creditors.

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