Restructuring

South Africa-based Edcon struggles amid Covid-19

Mar 31, 2020 / South Africa

The clothing, footwear and textiles retailer said it won’t be able to pay suppliers and may not be able to re-open at the end of the 3-week national shutdown to fight the coronavirus spread

Companies Coronavirus - Covid19 Footwear Restructuring Retail Shoes South Africa

Bardot to have major restructure

Jan 22, 2020 / Australia

The brand, which went into voluntary administration in November, will close 58 stores over the next two months. 530 employees expected to be impacted

Australia Companies Footwear Restructuring Retail Shoes

Clarks calls in McKinsey to conduct business review

Dec 2, 2019 / United Kingdom

British footwear retailer Clarks has called in consultants from McKinsey & Co to conduct a review of the business and assess its options amid difficult trading

Brands Clarks Companies Restructuring United Kingdom

Forever 21 files for bankruptcy

Sep 30, 2019 / United States

The fast fashion retailer of clothing and accessories filed for Chapter 11 bankruptcy. Forever 21 plans to close most of its stores in Asia and Europe

Accessories Bankruptcy Companies Fashion Liquidation Management Restructuring Retail United States

5 offers for Roberto Cavalli

Jun 18, 2019 / Italy

Five potential investors presented proposals for the Italian fashion brand Roberto Cavalli. The identity of the candidates was not revealed

Acquisitions Companies Footwear Italy Restructuring Shoes

JCPenney to close stores in 2019

Apr 8, 2019 / United States

The American department store chain announced plans to close 27 stores this year. The closures include 18 full-time department stores and 9 home and furniture shops

Companies Footwear Restructuring Retail Shoes United States

Rockport seeking approval of sale to Charlesbank

Jul 10, 2018 / United States

The company which filed for bankruptcy back in May, announced that, after completing a court-approved marketing process, it intends to complete the previously announced asset purchase agreement with CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners LLC

Acquisitions Companies Footwear Restructuring Shoes United States