Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease its $4.3 billion debt load.…
Mothercare to exit Taiwan
The UK nursery and childcare products retailer Mothercare filed for bankruptcy at the end of last year and closed 79 UK stores, affecting its global market.…
Australia’s Colette by Colette Hayman to close 33 stores to attract buyer
Australia’s jewellery and accessories retailer Colette by Colette Hayman is set to shutter more than 30 stores across the country, as administrators better position the bankrupt company to potential b…
Harris Scarfe receives final takeover offers to stop closure
Embattled discount department store chain Harris Scarfe is readying for its sale at an upcoming auction that hopes to save the bankrupt retailer from impending closure.…
Forever 21 sold to ABG, Simon Property and Brookfield Property
Forever 21 has been acquired by a business consortium lead by Authentic Brands Group, rescuing the bankrupt fast fashion retailer from permanent closure.…
Harris Scarfe enters administration in Australia
Australia department store retailer Harris Scarfe said it has entered into administration, the latest casualty hurt by the nation’s sluggish retail sector.…
Forever 21 filing for bankruptcy
Apparel retailer Forever 21 said it is filing for Chapter 11 bankruptcy protection.…
Forever 21 sued by Ariana Grande
Forever 21’s list of battles is growing.…
UK’s Karen Millen files for bankruptcy in Australia, all stores to close
British’s Karen Millen announced its plan to shutter all Australian retail stores, as the Australian arm of the women’s fashion retailer files for bankruptcy.…
Forever 21 prepares to file for bankruptcy
Apparel retailer Forever 21 is considering filing for bankruptcy as efforts to restructure its debt run dry, a person familiar with the situation told CNBC.…