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Tag: itself

Forever 21 in deal to sell itself for bargain price of $81 million

Forever 21 is looking to sell its retail business to a group that includes two of its biggest landlords. According to documents filed in bankruptcy court, the fast-fashion chain has reached an agreement to sell its assets to a group of buyers that includes Simon Property Group Inc., Brookfield Property Partners and licensing firm Authentic …

Forever 21 in deal to sell itself for bargain price of $81 millionRead More

Forever 21 in deal to sell itself for bargain price of $81 million

Forever 21 is looking to sell its retail business to a group that includes two of its biggest landlords. According to documents filed in bankruptcy court, the fast-fashion chain has reached an agreement to sell its assets to a group of buyers that includes Simon Property Group Inc., Brookfield Property Partners and Authentic Brands Group …

Forever 21 in deal to sell itself for bargain price of $81 millionRead More

Forever 21 seeks to sell itself at auction to keep brand alive

Get great content like this right in your inbox. Subscribe Forever 21 is running out of options. The fast-fashion retailer has asked a bankruptcy court to approve an auction, an option that the chain hopes would keep it alive as a going business. Forever 21 filed for Chapter 11 bankruptcy protection in September, with a …

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Retailer Beales puts itself on the market in ‘challenging times’ | Business

Beales, the department store chain, has put itself on the market after warning it faced “exceptionally challenging times”. The loss-making retailer said it had appointed the advisory firm KPMG to help assess “strategic and financing options” including a sale of the whole company or its subsidiaries in a bid to fund its moves towards a …

Retailer Beales puts itself on the market in ‘challenging times’ | BusinessRead More

How Amazon wove itself into the life of an American city, Retail News, ET Retail

By Scott Shane BALTIMORE: Another big Prime Air 767 takes off from Baltimore-Washington International Airport — where Amazon’s shipping last year eclipsed that of FedEx and UPS put together — and wheels above the old industrial city. Below, the online giant seems to touch every niche of the economy, its ubiquity and range breathtaking. To …

How Amazon wove itself into the life of an American city, Retail News, ET RetailRead More

Sports Direct plans to rebrand itself as Frasers Group | UK news

Mike Ashley’s Sports Direct International, which has attracted criticism from politicians and investors over working conditions and its approach to business, has announced plans to rebrand itself as Frasers Group. The retail group, which has a market value of £1.8bn, said it was seeking to elevate its image beyond the sportswear through which the billionaire …

Sports Direct plans to rebrand itself as Frasers Group | UK newsRead More