Barneys New York filed for Chapter 11 bankruptcy on Tuesday and put itself up for sale after facing soaring rents and failing in its earlier attempts to find a buyer for the cash-strapped retailer.
18 published items with the word (s) or phrase Houlihan Lokey in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Barneys New York filed for Chapter 11 bankruptcy on Tuesday and put itself up for sale after facing soaring rents and failing in its earlier attempts to find a buyer for the cash-strapped retailer.
Sainsbury's $10 billion (7.27 billion pounds) purchase of Walmart's Asda may pressure UK grocery prices and make the British market less attractive for newer players such as Amazon.com .
Steinhoff said on Tuesday it had started to lose credit lines from lenders and was still unable to determine the scale of accounting irregularities which have wiped more than $10 billion off its market value.
The Rockport Group is exploring its options, including a possible sale, after one of the U.S. footwear maker’s major debtholders took ownership of the company, people familiar with the matter said Wednesday.
Private equity firm Blackstone has reached an agreement in principle to hand over control of German outdoor brand Jack Wolfskin to a group of its lenders in a debt for equity swap, sources close to the situation said.
Battling surf group Billabong has reportedly sold its high-end bikini brand Tigerlily for AU$60 million (US$46.15 million), some $40 million less than previous valuations given by experts.
Lenders to German outdoor brand Jack Wolfskin are close to finalising a restructuring plan for the company's 365m debt, two sources close to the situation said.
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.