Nine West and Bandolino to be sold

Nine West and Bandolino to be sold
 

Nine West Holdings is planning to sell its namesake footwear brand as it seeks debt relief and reorganisation under US bankruptcy law.
The firm said it expects to sell the Nine West and Bandolino shoe and handbag brands to Authentic Brands Group, owner of Frye and Juicy Couture.
The move will allow the firm to focus on more profitable parts of its business, such as Anne Klein.
It said major creditors support its restructuring plans.
They have loaned a fresh $300m in financing, which will help the firm continue to operate while the Chapter 11 bankruptcy process moves forward.
Nine West has... read more

 
6 April 2018 in Business, Views: 55
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31