Bankruptcy
Neiman Marcus Files for Bankruptcy
The news does not come as much of a surprise.
Must Read: Telfar Is Collaborating With Gap, Kat Von D Has Left Her Beauty Brand
Plus, how Barneys employees are navigating its closure.
The 8 Biggest Fashion News Stories of 2019
Breaking news: A lot happened this year and we're here to spill it all.
Can Department Stores Avoid the Same Fate as Barneys New York by Courting Gen Z?
With an estimated $44 billion in buying power, teens could pave a path to success at retail.
Must Read: The Price Behind an Instagram Post, Inside the Slave Labor Camps of Fashion Brands
Plus, Louis Vuitton's Nicolas Ghésquiere speaks out against Trump.
Must Read: Rent the Runway Has New Competition, Barneys New York's Bankruptcy Bid Heats Up
Plus, why are we so obsessed with Alexandria Ocasio-Cortez's hair?
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Must Read: Cara Delevingne Is the New Face of Dior's Fine-Jewelry Collection, Barneys Bankruptcy Draws Potential Buyers
Plus, Frank Ocean covers 'W' Magazine.
Forever 21 Officially Files for Bankruptcy, Will Close Hundreds of Stores
Perhaps this fast-fashion chain was a little *too* fast.
Must Read: How Brands Survive Bankruptcy, Zara Unveils New Logo
Plus, Balenciaga and Farfetch raise awareness of endangered species with new capsule.
Carven Files for Chapter 11 Bankruptcy, Seeks Buyer
Since the departure of former Creative Director Guillaume Henry in 2014, the French fashion brand has faced a series of blowbacks.
American Apparel Finds Buyer, Returns to Bankruptcy
After striking a deal with Gildan Activewear, the struggling retailer voluntarily filed for Chapter 11 bankruptcy protection on Monday.
Betsey Johnson Files for Bankruptcy
Betsey Johnson LLC, the licensee that operates Betsey Johnson’s 63 freestanding stores, women’s apparel and e-commerce, has filed for Chapter 11 bankruptcy, WWD is reporting. Most of the 63 stores will close within the next few week and 350 employees are expected to be let go. Betsey Johnson herself will stay on as creative director to design the brand's lower priced Betsey Johnson line, sold in Macy's and other mass retailers, as well as oversee accessories and other licenses. "I love the moderate price range," she told WWD. "It is in synch with all the girls who are buying my clothes." Jonathan Friedman, Betsey Johnson's CFO, issued the following statement: