The accessories retailer received approval from the US Bankruptcy Court on Friday for its Third Amended Plan of Reorganization, putting the tween favorite on course to exit Chapter 11 bankruptcy in early October.
Claire’s Stores Inc said on Monday it filed for Chapter 11 bankruptcy protection and expects to reduce debt by about $1.9 billion, as the struggling retailer of girls’ accessories combats a fall in mall traffic.
The back off from Abercrombie & Fitch on Monday about a potential sale shows that mergers and acquisitions for fashion retailers are not the easiest move, only braved by a select few and avoided after a certain age.
Over 1,000 cosmetics are on the list compiled by French consumer rights group UFC-Que Choisir, featuring substances regarded as "undesirable",12 compounds being classified as "worrying," including endocrine disruptors.
Payless ShoeSource is the latest mall-based retailer to take a hit as consumers move online. The chained filed for Chapter 11 protection on Tuesday and will immediately close 400 stores in the US and Puerto Rico.
The Charlotte Russe app allows for customers to shop the fast fashion retailer's Instagram feed and search for items at any Charlotte Russe store. Since launching in July 2016, the app was downloaded 1 million times.