forever 21

Forever 21 Explores Options As Retail Sales Decline

Forever 21 is exploring restructuring options to shore up its liquidity as the fast-fashion giant struggles with its business. The company is in talks with private equity firm Apollo Global Management about raising debtor-in-possession funds to provide financing should it file for bankruptcy. The talks come as the apparel industry continues to struggle amid sweeping changes, […]

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jcrew

J. Crew Closing 20 Stores

Retailers Continue To Feel Brunt Of E-Tail, Changing Shopping Habits J.Crew Group is moving forward with plans to close about 20 J.Crew and factory stores in 2019, adding to the net closure of 34 stores last year. There is a J. Crew store at the Shops of Nanuet but the company will not specify which […]

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