Forever 21 has filed for Chapter 11 bankruptcy. The fast-fashion giant made the announcement on Sunday night, the news of which was first reported by the New York Times and was what many in the retail industry had been expecting for weeks. ‘This was an important and necessary step to...

Amsterdam based fashion label Zoe Karssen has been declared bankrupt by the Amsterdam court. Nothing is known as to the cause of the bankruptcy however bankruptcy trustee Ernst Jan Beerdsen said that there is a likelihood of the brand continuing since the parent company Zoe Karssen...

Diesel Spa’s American arm filed for Chapter 11 bankruptcy protection on Tuesday. The Denim maker and retailer blamed high overhead costs at some of its stores, cyber fraud and a failed strategy by the prior management team. According to the petition filed with the US Bankruptcy Court in...