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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

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The court filing took place in Delaware on Monday, April 13. True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. True Religion tried to capitalize on that with its own brand of workout pants.

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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

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Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July. and Germany. .”

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Simon Property Group Hits Gap With Lawsuit To Recoup Back Rent

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All eyes in the retail sector are now on Simon Property Group , as the mall giant hauls The Gap into court for failing to pay rent amid the coronavirus shutdown. However, The Gap, like many other retailers, has seen its revenue fall off a cliff since March, when the clothing retailer was forced to shutter stores across the country.

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Barclays Eyes US Expansion

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In addition, sources say that Barclays is putting more capital behind its U.S. housing market during the last recession. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. billion of deposits to its Delaware operation. Other possibilities include rolling out its U.K.

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The RealReal Notches $300M In IPO

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The company priced its shares above a target range, having sold 15 million shares for $20 apiece following their marketing at $17 to $19, Bloomberg reported. The RealReal reportedly has yet to generate a profit, even though Bloomberg noted “the market is intrigued by its growth.” per the filing. IBISWorld Pty Ltd.

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Chapter 11 Watch: Hanjin’s Latest Lifeline, Caesars Raises The Stakes And E-Cigarette Troubles

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NJOY, one of the largest makers of e-cigarettes, filed for bankruptcy protection in Delaware federal court on Sept. The company raised $70 million in a capital round in 2013 that valued the company at $1 billion and has some big-name investors, including Napster Founder Sean Parker, PayPal Founder Peter Thiel and singer Bruno Mars.

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Peapod And Alexa Deliver Greater Grocery Ordering Convenience

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It delivers to homes and businesses in 24 metro markets and has more than 200 pickup locations. We wanted to be the first in the market to roll this out and to offer this service to our customers,” he said. Possibly Texas, Georgia, Pennsylvania, Maryland, New Jersey, and/or Delaware, according to Lidl’s website.

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