Home >

Vanished In 2012 Of The Fashion Brands, The Ten Largest Bankruptcy In The Industry.

2012/12/17 9:02:00 47

Fashion IndustryFashion IndustryFashion Industry Ten Bankruptcy Cases

< p style= "text-align: center" > img border= "0" alt= "align=" center "src=" /uploadimages/201212/17/2012121709015726653.jpg "/" < < > >


< p > < strong > 1 ARCAPITA BANK BSC < /strong > /p >


< p > First Islamic Investment Bank, founded in 1996, has a liability of $2 billion 550 million when it filed for bankruptcy in March this year. A target= "_blank" href= "//www.sjfzxm.com/" > clothing > /a > retailer href= and accessories retailer are invested, although the subsidiary of the operation submits applications.

Arcapita applied for a $125 million loan from Fortress Investment Group last month to restructure without having to sell it.

< /p >


< p > < strong > 2 THE PEACOCK GROUP < /strong > /p >


< p > British fashion retailers entered the government trusteeship (equivalent to Chapter 11 of the US bankruptcy protection act) this year. The bankruptcy of the group is considered to be the largest bankruptcy since the bankruptcy of Woolworths in 2008.

The company has 295 million 600 thousand dollars in debt and is forced to sell its assets.

Sun European Partners has acquired Bonmarch apparel business, and Edinburgh Woollen Mill has acquired Peacocks business.

< /p >


< p > < strong > 3 UNITED RETAIL GROUP < /strong > /p >


< p > has PPR's Redcats part of the US main part of the main code "a href=" http://sjfzxm.com/news/index_c.asp "clothing brand" /a > Avenue, in February filed for bankruptcy liabilities of $67 million 300 thousand, and then was Bob "s Stores" of the acquisition of the acquisition.

< /p >


< p > < strong > 4 HMX GROUP < /strong > /p >


P, a famous menswear company once known as Hartmarx Corp., is facing second bankruptcies in four years.

In October, bankruptcy protection was between 50 million and 100 million dollars, and the owner of the suit brand Hart Schaffner Marx and Hickey Freeman will sell the company through auction at the bankruptcy court.

< /p >


< p > < strong > 5 BAKERS FOOTWEAR GROUP < /strong > /p >


< p > < a target= "_blank" href= "//www.sjfzxm.com/" > shoes < /a > category and accessories retailers in October arrears $30 million guarantee loans, liabilities of $59 million 500 thousand, has now gone bankrupt and liquidated.

Bakers went public in 2004. Investors include Steve Madden Ltd. and chief executive Peter Edison, who have held various positions in Edison Brothers Stores.

< /p >


< p > < strong > 6 THE CONNAUGHT GROUP < /strong > /p >


< p > 1982, founded by William Rondina, the high-end a target= "_blank" href= "//www.sjfzxm.com/" > clothing "/a" direct distributor. In February, it filed for bankruptcy application, with liabilities ranging from 50 million US dollars to 100 million US dollars, and then sold to a joint venture consisting of a customized men's wear manufacturer Tom James and Hongkong's largest supplier, which is priced at $22 million.

< /p >


< p > < strong > 7 DAFFY > S INC. < /strong > /p >


< p > a 51 year old discount shop was founded in 1961 by Irving J. Shulman.

In July, Daffy Dan 's Bargaintown decided to close the store but was sent to the bankruptcy court in August, because its creditors tried to protect $37 million of unsecured debt, and Daffy' s bankruptcy was defeated by competitors who could provide seasonal clothing.

< /p >


< p > < strong > 8 BETSEY JOHNSON LLC < /strong > /p >


< p > has been franchised "a target=" _blank "href=" //www.sjfzxm.com/ "designer" /a "Betsey Johnson brand independent store and e-commerce website, filed for bankruptcy in April is liabilities of $15 million 400 thousand.

The company was held by Boston private equity fund Castanea Partners in 2007.

The Betsey Johnson brand owned by Steve Madden did not participate in bankruptcy filing.

< /p >


< p > < strong > 9 MS MARK SHALE LLC < /strong > /p >


< p > Mark Shale, a franchised menswear retailer with 83 years of history and difficulties, closed its last three Chicago stores and filed a bankruptcy petition in August after failing to find a strategic partner, with a liability of $5 million 600 thousand.

This is the third time that the company has gone bankrupt in 17 years.

The company was founded in 1929 by Shale Baskin, formerly known as Al Baskin.

< /p >


< p > < strong > 10 AQUASCUTUM < /strong > /p >


< p > the 161 year old British brand (with a longer history than Burberry) entered the government trusteeship in April, and was acquired by Hongkong YGM Trading, which owns Guy Laroche in May, and the purchase price was $18 million 500 thousand.

< /p >

  • Related reading

How To Maintain Leather Shoes In Time?

Daily headlines
|
2012/12/15 15:24:00
5

Britain Develops Clothing For Skin Protection

Daily headlines
|
2012/12/15 13:37:00
15

Pearl River Delta Small And Medium Enterprises Survey: Apparel Industry Outbreak Of Inventory Crisis

Daily headlines
|
2012/12/14 9:49:00
40

19 Kinds Of Clothing Shoes And Shoes Must Be Delisted If They Fail.

Daily headlines
|
2012/12/13 20:18:00
31

The Council Of China Silk Association Explores The Development Strategy Of Silk Enterprises

Daily headlines
|
2012/12/13 15:56:00
33
Read the next article

2013 Chengdu New York Fashion Week Will Launch The Latest Fashion Series For The World.

In this article, I would like to introduce to you mainly that Chengdu will host the 2013 New York fashion week and launch the latest fashion series for the world. In December 16th, 3 fashion shows were held in Qun Guang square, Chengdu. This is a rare fashion feast. Last week, more than 10 designers packed their new spring and summer costumes carefully and shipped them from New York to Chengdu, each worth 10000 yuan each.