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Authentic Brands Could Buy Arcadia Group And Debenhams

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Authentic Brands is said to be in talks with Debenhams and Arcadia Group administrators, with unnamed sources claiming that the retail company is mulling a bid for the Sir Philip Green retail empire and the retailer, Retail Gazette reported. Arcadia Group is the owner of Evans, Dorothy Perkins, Burton, Topshop and others.

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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia Group and Debenhams

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has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. It is expected that the business will keep operating as a stand-alone brand. Authentic Brands Could Buy Arcadia Group And Debenhams.

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G-III Apparel Group Reports 26.7 Pct Drop In Net Sales

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G-III Apparel Group , whose owned brands include DKNY and G.H. Bass brands suffered. Bass and Wilsons Leather share of the company’s retail operations segment were $38.2 The company said it is reorganizing its retail operations segment, as announced in the past. G-III Apparel Group reported net income of $1.29

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Tailored Brands Might Seek Bankruptcy Due To Pandemic

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Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Bank — included the potential for bankruptcy, or even the closing of operations, in a recent filing, CNN reported. Tailored Brands has approximately 1,400 U.S.

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Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale

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Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. In addition, the retailer said new Authentic Brands Group LLC subsidiary ABG-Lucky LLC will buy all of its intellectual property assets.

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Ascena Retail Group Considers Bankruptcy Filing

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With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. However, the situation is in flux and plans are not set in stone, as the company is still reportedly looking for alternative financing options.

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Frasers Group Could Purchase Debenhams Department Store Chain

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high street, Frasers Group said it is in talks to purchase the Debenhams department store company from administrators, The Irish Times reported. Last week, administrators for the department store chain said it would be wound down, and that all locations would be shuttered following 242 years in operation.

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