Looking to offload Tigerlily, Billabong has turned to Houlihan Lokey to garner buyer interest. Meanwhile, local reports said on Monday that LVMH's L Capital Asia could be interested in the Australian swimwear loot.
American Apparel filed for its second bankruptcy protection in just over a year on Monday, weighed down by intense competitive pressures facing U.S. teen retailers and a rocky relationship with its founder.
American Apparel has resumed talks with at least two potential bidders for U.S. teen clothing retailer, after bankruptcy sale negotiations with brand licensor Authentic Brands Group stalled earlier this week.
American Apparel LLC, the U.S. teen clothing retailer known for its sexually suggestive advertising, has hired investment bank Houlihan Lokey Inc to explore a sale, people familiar with the matter said on Wednesday.
The Deb Shops retail chain filed its second bankruptcy in less than four years on Thursday and said it may conduct a going-out-of-business sale at its 295 stores that specialize in teen and young women's fashion, acco...
Heelys Inc, which was exploring strategic options including a possible sale, said it would continue as an independent company given the difficult acquisition environment for discretionary consumer product companies.