The fashion retailer BCBG Max Azria closed 120 stores at the beginning of last month, setting off speculation that it might be about to file for bankruptcy. This speculation was correct: The purveyor of dressy yet affordable clothes filed for Chapter 11 bankruptcy today, seeking to either sell the business or make a deal that would give its junior creditors a stake in the business instead of cash. [More]
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Wet Seal Considering Second Bankruptcy In Two Years
By 1.13.17
No, we haven’t gone into reruns: Wet Seal, a clothing retailer geared toward women in their teens and twenties, is considering celebrating the second anniversary of its last bankruptcy by popping the cork on a second one. This time, though, the chain is hoping to quietly sell itself without going through the expense and hassle of court proceedings. [More]
Crocs Brand Honors David Bowie In Least Fashionable Way Possible
By 1.11.16
This afternoon, someone who does social media for the shoe brand Crocs had an amazing idea. What if they joined the rest of the internet in remembering musician and all-around starman David Bowie publicly on Twitter? What if they took one of his famous makeup looks and applied it to a white Crocs shoe? Yes, this is a thing that actually happened. [More]
