World Footwear

Bankruptcy

JCPenney to close 152 stores and cut 1 000 jobs

Jul 17, 2020 / United States
The US-based retailer is becoming a smaller operator as it goes through a bankruptcy restructuring. JCPenney plans to lay off about 1 000 employees as it shuts down more than 150 stores

RTW Retailwinds voluntarily files Chapter 11 Bankruptcy

Jul 16, 2020 / United States
As a result, the retailer expects to close a significant portion of its brick-and-mortar stores. Company expects to fully repay approximately 12.7 million US dollars in remaining loan outstanding

Brooks Brothers files for bankruptcy

Jul 9, 2020 / United States
The two-century-old company filed for bankruptcy after taking the hit of the COVID-19 pandemic’s impact on clothing sales. Pandemic kept customers at home reducing the demand for suits and formal attire

Neiman Marcus files for bankruptcy

May 7, 2020 / United States
The luxury retailer became the first major US department store group to file for bankruptcy protection during the coronavirus pandemic

J. Crew files for bankruptcy protection

May 5, 2020 / United States
The multi-brand, multi-channel, specialty fashion retailer J. Crew became the first major US retailer to file for bankruptcy protection in the middle of the coronavirus outbreak

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

Sonia Rykiel faces liquidation

Jul 26, 2019 / France
After a restructuring process the company elected no winning bid and is now facing liquidation and will now work to close stores around the world

Rockport receives bankruptcy court approval

May 17, 2018 / United States
The Rockport Group LLC announced approval from the US Bankruptcy Court for Delaware for all of the company’s First Day motions has been received, which will support the business operations as the company completes the previously announced court-supervised sale process

Nine West near bankruptcy plans to sell footwear

Apr 9, 2018 / United States
The New York-based footwear, accessories, women's apparel, and jeanswear company with a portfolio of brands that includes Nine West, Anne Klein, and Gloria Vanderbilt announced that it has filed voluntary petitions for reorganization under Chapter 11 of the US Bankruptcy Code

Aerosoles files Chapter 11

Sep 15, 2017 / United States
The company will implement an operational and financial restructuring plan with the aim to revitalize the brand and focusing on growing ecommerce

Macintosh Retail declares bankruptcy

Dec 30, 2015 / Netherlands
The suspension of payments for the Macintosh Retail Group N.V. was terminated upon request of the administrators and was converted into bankruptcy as of today
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