CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
bankruptcy
News & Analysis
Forever 21 in Talks to Give Landlords a Stake in Bankruptcy
Sources say the ailing fast-fashion retailer is in talks with Simon Property Group Inc. and Brookfield Property Partners LP about the proposal, which would be part of a bankruptcy filing.
Forever 21 in Talks to Give Landlords a Stake in Bankruptcy
Sources say the ailing fast-fashion retailer is in talks with Simon Property Group Inc. and Brookfield Property Partners LP about the proposal, which would be part of a bankruptcy filing.
News & Analysis
Forever 21 Plans to Shutter at Least 100 Stores in Bankruptcy
The apparel merchant is working on obtaining a financial package that would provide about $75 million for its restructuring in the court process, said a source.
Forever 21 Plans to Shutter at Least 100 Stores in Bankruptcy
The apparel merchant is working on obtaining a financial package that would provide about $75 million for its restructuring in the court process, said a source.
News & Analysis
Forever 21 Prepares for Potential Bankruptcy Filing
The company has been in talks for additional financing and working with a team of advisers to help it restructure its debts.
Forever 21 Prepares for Potential Bankruptcy Filing
The company has been in talks for additional financing and working with a team of advisers to help it restructure its debts.
News & Analysis
As Barneys Struggles, Fashion Vendors Try on Alternative Channels
The luxury retailer recently filed for bankruptcy protection, owing $1.6 million to Prada and millions to other Kering and LVMH labels.
As Barneys Struggles, Fashion Vendors Try on Alternative Channels
The luxury retailer recently filed for bankruptcy protection, owing $1.6 million to Prada and millions to other Kering and LVMH labels.
News & Analysis
Barneys New York: What Happens Now?
After filing for bankruptcy protection, the luxury retailer aims to restructure its business and find a new owner. But where does that leave the brands it sells?
Barneys New York: What Happens Now?
After filing for bankruptcy protection, the luxury retailer aims to restructure its business and find a new owner. But where does that leave the brands it sells?
Retail
Barneys Considers Bankruptcy Financing Plans With Wells Fargo
The chain is negotiating the terms of a debtor-in-possession loan that would finance operations while Barneys works out a deal in court with landlords and lenders, according to people with knowledge of the situation.
Barneys Considers Bankruptcy Financing Plans With Wells Fargo
The chain is negotiating the terms of a debtor-in-possession loan that would finance operations while Barneys works out a deal in court with landlords and lenders, according to people with knowledge of the situation.
Luxury
Sonia Rykiel to Liquidate After Judge Rejects Sale
The decision was made after a Paris commercial court judge rejected the lone remaining bidder for the company. The brand's six stores in France and Monaco, as well as its intellectual property and archives, will be sold.
Sonia Rykiel to Liquidate After Judge Rejects Sale
The decision was made after a Paris commercial court judge rejected the lone remaining bidder for the company. The brand's six stores in France and Monaco, as well as its intellectual property and archives, will be sold.
Retail
US Property Trust Challenges Arcadia's Restructuring Plan
Arcadia said the challenges to the Company Voluntary Agreements, which were approved in June by the required majority of creditors, were "without merit."
US Property Trust Challenges Arcadia's Restructuring Plan
Arcadia said the challenges to the Company Voluntary Agreements, which were approved in June by the required majority of creditors, were "without merit."
Luxury
Barneys New York Explores Options That Include Bankruptcy
It's weighing other possible solutions as it struggles with high rents and changing consumer tastes.
Barneys New York Explores Options That Include Bankruptcy
It's weighing other possible solutions as it struggles with high rents and changing consumer tastes.
News & Analysis
Charming Charlie, Back in Bankruptcy, to Close All Stores
The retailer has filed for chapter 11 bankruptcy protection, marking the second time within two years.
Charming Charlie, Back in Bankruptcy, to Close All Stores
The retailer has filed for chapter 11 bankruptcy protection, marking the second time within two years.
Luxury
Rainbows Aren't Enough: Taking Stock of Fashion's Approach to Pride
This week everyone will be talking about Paris Couture Week, the fate of Forever 21 and Sonia Rykiel, and the end of Pride Month. Read our BoF Professional Cheat Sheet.
Rainbows Aren't Enough: Taking Stock of Fashion's Approach to Pride
This week everyone will be talking about Paris Couture Week, the fate of Forever 21 and Sonia Rykiel, and the end of Pride Month. Read our BoF Professional Cheat Sheet.
News & Analysis
French Connection Delays Company Sale Plans
The UK-based global retailer has announced plans to extend the strategic review and formal sale period.
French Connection Delays Company Sale Plans
The UK-based global retailer has announced plans to extend the strategic review and formal sale period.
The News in Brief
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.