Popular clothing store suddenly files for bankruptcy without giving any reason months after admitting ‘issues’ ...Middle East

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Popular clothing store suddenly files for bankruptcy without giving any reason months after admitting ‘issues’
AN admired clothing brand has filed for bankruptcy just a week after it abruptly closed its store.  Banks Journal had a flagship store in Los Angeles, California which shut its doors on October 13.  banks journalBanks Journal filed for bankruptcy on October 24[/caption] banks journalThe popular retailer closed its LA store and announced the shutdown on Instagram[/caption] The brand filed for Chapter Seven bankruptcy in the U.S. Bankruptcy Court for the Central District of California on October 24, according to Shop Eat Surf. In the filing, the clothing store said they had $9.93 million in assets but $9.63 million in liabilities. Some employees have reportedly been listed as

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