Visits: 39 Blaming supply chains, inflation and changing weather patterns, the Wellington boot brand stumbled toward the brink of extinction this week. Can it be saved by a new (American) owner? For decades, one fashion accessory was more synonymous with …
J.C. Penney Avoids Liquidation in Sale to Mall Operators Simon and Brookfield
Visits: 32 J.C. Penney reached an agreement to sell its retail business to the mall operators Simon Property Group and Brookfield Property Partners on Wednesday, averting a total liquidation that would have had significant ripple effects through the industry and …
Men’s Wearhouse Owner Files for Bankruptcy
Visits: 29 The owner of Men’s Wearhouse and JoS. A. Bank, which once dominated the market for affordable men’s suits, filed for bankruptcy protection late Sunday, as demand plummeted for its corporate clothing with the coronavirus pandemic keeping America’s office …