Chapter 11 Watch: BHS Goes Out Of Style, Ralph Lauren Shutters Stores
PYMNTS
JUNE 9, 2016
More troubling, said Philip Duffy, joint administrator of the BHS bid, was the market forces that seemed to push BHS toward its inevitable liquidated fate. “The tireless work and goodwill of the existing management team and employees of BHS, with the support of my team, were not enough to change the fortunes of the company.”
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