Diesel USA Plans To Restore Brand Through Bankruptcy
PYMNTS
MARCH 6, 2019
The jeans maker and retailer is looking to have court approval for its reorganization plan by mid-April, The Wall Street Journal reported. The retailer had been profitable for many years, but the company’s balance sheet was impacted by the recession in 2008. The outlet, however, reported that Levi Strauss & Co. is “one exception.”
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