The British division of toy store chain Toys ‘R’ Us has filed for bankruptcy, endangering more than 3,200 jobs. The chain's American and Canadian stores were already declared bankrupt last year.
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Famous Italian hat manufacturer Borsalino is now bankrupt. The Allessandria court disapproved the legendary hat maker’s restructuring plan yesterday.
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German erotic company Beate Uhse filed for insolvency. It struggled to keep its turnover under control in a digital world. Its stores will remain open for the time being.
British shoe chain Brantano, which only relaunched last year and which was previously part of bankrupted Macintosh Retail Group, has now filed for bankruptcy itself.
American fashion label BCBG Max Azria is allegedly filing for bankruptcy later this week. This is also bad news for its more than 200 stores in the United States, which would probably all need to shut down.
MS Mode has decided to cease all of its French activities after it did not receive permission to buy back a part of its store network after it had filed for bankruptcy. In total, 500 people will lose their job.
After saving MS Mode from bankruptcy, entrepreneur Roland Kahn decided to keep 155 of the fashion chain nearly 400 stores. The surviving stores are located in Belgium, the Netherlands, Luxembourg and Spain.
American fashion chain American Apparel once again filed for Chapter 11, while it sold its brand rights to Canadian clothing company Gildan Activewear.
British department store chain BHS has closed its final 22 stores, 88 years after they first launched. The chain was declared bankrupt in March, but these stores managed to survive until Sunday.
Greek supermarket chain Marinopoulos, founded in 1995 as a joint venture between Marinopoulus Group and Carrefour, has filed for bankruptcy. The French supermarket chain had already withdrawn from the joint venture in 2012.
Dutch fashion chain Cora Kemperman's founder confirmed the company has gone bankrupt. The group had 5 boutiques in the Netherlands and 3 in Belgium, which will now all close.
Under Armour, the rising star in the sporting equipment's manufacturing world, has altered its full-year forecast after one of its major customers, store chain Sports Authority, went bankrupt.
Sources close to the American fashion chain Aeropostale claim the company will file for bankruptcy later this month. The subsequent process will be used to restructure the company.