Iconic clothing retailer with over 600 locations prepares for possible bankruptcy as execs say discounts may help ...Middle East

The U.S. Sun - News
Iconic clothing retailer with over 600 locations prepares for possible bankruptcy as execs say discounts may help
A WELL-KNOWN fashion retailer and mall staple is reportedly on the edge of filing for Chapter 11 bankruptcy. Bosses at the chain have said they will slash prices to save the remaining 600 nationwide stores. GettyExpress could file for bankruptcy in weeks[/caption] `Express is preparing to file for possible bankruptcy, according to a report by the Wall Sreet Journal. People inside the apparel company told the outlet it could file for Chapter 11 in weeks. It comes after Express hired debt restructuring adviser M3 and law firm Kirkland & Ellis. The publicly-traded company has nearly $280 million of debt amid declining sales. If Express cannot negotiate new terms with its le

Hence then, the article about iconic clothing retailer with over 600 locations prepares for possible bankruptcy as execs say discounts may help was published today ( ) and is available on The U.S. Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Iconic clothing retailer with over 600 locations prepares for possible bankruptcy as execs say discounts may help )

Apple Storegoogle play

Last updated :

Also on site :