Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
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
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.