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OASIS
Area Sales Manager For Food Processing Company - Pune
Permanent · Pune
OASIS
Area Sales Manager - Mumbai (Only From Fmgc)
Permanent · Thane
LEVI'S
IT Project Manager
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Area Sales Manager-Oem
Permanent · Bangarapet
CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
Area Sales Manager | Personal/Hair Care | Chennai (2-5 Years)
Permanent · Chennai
MUTHOOT FINCORP (MFL)
Area Manager-Chirala
Permanent · Chirala
SCHEVARAN LABORATORIES
Area Sales Manager
Permanent · Pune
KONE
Vacancy For Production Manager-Chennai
Permanent · Chennai
KHS LG INNOVATION & ENGINEERING
Sales Manager
Permanent · Navi Mumbai
CLEANFIX-SCHEVARAN SYSTEM PVT LTD
Area Sales Manager
Permanent · Chennai
DECOTOUCH PAINTS LIMITED
Area Sales Manager
Permanent · Prayagraj
ALUDECOR LAMINATION
Asst. Area Sales Manager- Karnal
Permanent · Panipat
MILLION MINDS MANAGEMENT SERVICES LIMITED
Hiring Manager- Corporate Sales
Permanent · Bengaluru
RELIANCE RETAIL
Area Sales Manager
Permanent · Tiruchirappalli
STEPBEYD STRATEGIC GLOBAL CONSULTING PRIVATELIMITED
Area Manager /Area Sales Manager
Permanent · Salem
MONEYWISE FINANCIAL SERVICES
Area Sales Manager/ Regional Sales Manager (Asm/Rsm)
Permanent · Gurugram
DECOTOUCH PAINTS LIMITED
Area Sales Manager
Permanent · Prayagraj
YUTIKA NATURAL
Assistant Area Sales Manager - Maldah, Berhampore
Permanent · Malda
BAJAJ FINANCE
Sales Manager (Digital Product Finance)
Permanent · Hyderabad
BAJAJ FINANCE
Sales Manager (Digital Product Finance)
Permanent · Dankuni
BAJAJ FINANCE
Sales Manager (Consumer Durable)
Permanent · Asansol
INCITE HR SERVICES
Area Sales Manager | Business Development Manager
Permanent · Durg
By
Reuters
Published
Apr 14, 2020
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True Religion files for bankruptcy protection amid virus crisis

By
Reuters
Published
Apr 14, 2020

True Religion Apparel Inc on Monday filed for Chapter 11 bankruptcy protection for a second time in less than three years, becoming another corporate casualty of the coronavirus outbreak that has ravaged the retail sector.


Twitter @TrueReligion



In a court filing, the embattled denim retailer said it would have preferred to wait out the current period of lockdowns and instability in financial markets but “simply could not afford to do so”.

More than 95% of Americans are now under “stay-at-home” or “shelter-in-place” orders and retailers across the country have been forced to shutter stores to help contain the spread of the virus.

While public health experts said the steps are working to control the contagion, the restrictions have strangled the U.S. economy and sparked widespread production cuts, layoffs and projections of a severe recession.

Major U.S. retailers Macy’s Inc, Kohl’s Corp and Gap Inc have already furloughed tens of thousands of employees, amid drastic cost cutting steps to bolster cash reserves.

True Religion listed $100 million to $500 million in assets and liabilities in the court filing dated April 13.

Chief Executive Officer Michael Buckley said True Religion’s largest lenders were providing fresh capital to the company to reorganize under Chapter 11.

“In the near term, and until our stores open up, we will be continuing as we have, to run our E-Commerce businesses, in the same way we did prior to filing for Chapter 11,” Buckley said.

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