Barneys filed for Chapter 11 bankruptcy after getting hit with high rent.
"Trends come and go, but institutions are timeless," the brand wrote on its social channels following the news. According, Barneys filed for Chapter 11 bankruptcy after getting hit with high rent and fewer visitors purchasing from the luxury boutiques. Luckily, Chapter 11 filings allow businesses to remain open as they devise a plan to tackle financial issues.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
10 companies that reward you for getting rid of stuff you don't need anymoreGet rid of the clothes and electronics you no longer need, and get store credit at the stores you love.
Lire la suite »
Fyre Fest Trustee & Paradigm Preparing to Settle, While CAA and Other Agencies Face LawsuitsTalent agency Paradigm has been participating in settlement talks with the trustee overseeing the Fyre Fest bankruptcy, taking a different position from agencies like CAA and UTA.
Lire la suite »
Italy's court rules in favor of Vivendi in Mediaset restructuring row: sourcesAn Italian court ruled in favor of a petition filed by French media giant Vivend...
Lire la suite »
Italy's court rules in favour of Vivendi in Mediaset restructuring rowAn Italian court ruled in favour of a petition filed by French media giant Viven...
Lire la suite »
Italy's court rules in favor of Vivendi in Mediaset restructuring rowAn Italian court ruled in favor of a petition filed by French media giant Vivend...
Lire la suite »