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Ascena Receives Court Approval To Sell Ann Taylor Brand, Other Labels

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Ascena ran 1,500 stores across the United States toward the end of August. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The arrangement would keep the company as a going concern with a minimum of 900 retail locations, the newspaper reported.

Branding 159
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New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

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It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.” REV Executive Chairman Tai Lopez stressed RadioShack ’s sales potential as a well-known global brand. Snapping up Fallen Retail Brands. Re-Inventing for Online.

Branding 254
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Ascena Files For Chapter 11 Bankruptcy, Plans Store Closures

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has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The company said the loan, along with cash flow brought in from its continuing operations and the cash it holds, is forecasted to be enough to satisfy its “operational and restructuring” requirements after court approval.

Virginia 140
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Glossier Lands $100M Investment To Expand Beauty Co.

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Sequoia Capital led the round, with participation from Tiger Global Management, Spark Capital and existing investors Forerunner Ventures, Thrive Capital, IVP and Index Ventures. Earlier this month, Glossier launched a second brand, Glossier Play, which will offer more product choices to its diverse client base.

Capital 100
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From T-Shirts To PPE — What Hanes Learned From Its Supply Chain Pivot

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Many non-PPE manufacturers have stepped in to help address the shortage, with major automobile producers, backpack manufacturers and even individuals with 3D printers shifting their operations to produce face masks, nasal swabs and other items. Around The PPE Supply Chain Spac e. president and chief communications officer at Hanes.

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Supply Chain Startup Zilingo Makes US Push

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To roll out operations in the United States as it grows its supply chain business that links apparel brands with suppliers as well as factories, Singapore-based fashion technology firm Zilingo is designing a $100 million push. manufacturers and brands on its platform, The Wall Street Journal reported.

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Pret A Manger’s New Management

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JAB has been on a bit of a buying spree of late when it comes to coffee brands. Pret A Manger has been in operation since opening its first London store in 1986. billion) and operates 530 stores in countries including the United States and China. billion ($2 billion) including debt, noted CNBC.