×
187
Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Oct 8, 2008
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Court approves Goody's reorganization plan

By
Reuters
Published
Oct 8, 2008

By Emily Chasan

NEW YORK, Oct 7 (Reuters) - A U.S. judge on Tuesday approved the reorganization plan of apparel retailer Goody's Family Clothing, paving the way for it to emerge from bankruptcy, the company said.


www.shopgoodys.com

Goody's, which sells moderately priced family apparel, said it expects it will formally exit bankruptcy in 10 days, allowing it to operate under the reorganization plan for the holiday season.

The Knoxville, Tennessee-based retailer filed for bankruptcy protection June 9, saying it was hurt by high gasoline and food prices that have forced consumers to cut back on nonessential purchases.

Under its reorganization plan, Goody's is closing stores to exit certain urban markets and refocus on rural areas in the U.S. South. During the bankruptcy the company hired an agent to conduct liquidation sales at 69 of its more than 350 stores.

The reorganization plan also changes the terms of a loan the company had received from from private equity firms Prentice Capital Management and GMM Capital, which acquired the 55-year-old chain in 2005.

The plan cancels the company's old common stock and swaps certain debts for new shares.

"Our company has made great progress over the past few months," Goody's Chief Executive Paul White said in a statement. "We have created a stronger and more nimble organization that is more effectively positioned." (Reporting by Emily Chasan; Editing by Christian Wiessner)

© Thomson Reuters 2022 All rights reserved.