Bankruptcies

July 23, 2020

Ann Taylor and Lane Bryant Owner Ascena Retail Files for Bankruptcy

The owner of Ann Taylor and Lane Bryant, which just a few years ago was one of the country’s largest clothing retailers for women and girls, […]
July 8, 2020

Brooks Brothers, Founded in 1818, Files for Bankruptcy

Brooks Brothers, the retailer known for dressing the great and good of the United States since 1818, filed for bankruptcy on Wednesday, buckling under the pressure […]
July 5, 2020

With Department Stores Disappearing, Malls Could Be Next

The directory map for the Northfield Square Mall in Bourbonnais, Ill., has three glaring spaces where large department stores once stood. Soon there will be a […]
May 14, 2020

The Coronavirus Pandemic Helped Topple J. Crew and Neiman Marcus. So Did Private Equity.

J. Crew and Neiman Marcus were each facing a host of issues before the coronavirus pandemic forced them to close their stores and eventually file for […]
May 7, 2020

Neiman Marcus Files for Bankruptcy

In March 2019, the luxury retailer Neiman Marcus opened its first outpost in Manhattan. Spread over three floors and 188,000 square feet, the store was an […]
May 4, 2020

J. Crew Files for Bankruptcy in Virus’s First Big Retail Casualty

J. Crew, the mass-market clothing company whose preppy-with-a-twist products were worn by Michelle Obama and appeared at New York Fashion Week, filed for bankruptcy protection on […]
April 2, 2020

Will We Lose a Generation of Designers?

You might not know Batsheva Hay, Christopher John Rogers and Carly Cushnie. They are emerging independent designers based in New York with relatively small namesake companies. […]
November 5, 2019

Barneys Is Sold for Scrap, Ending an Era

For decades, Barneys New York epitomized a certain kind of aspirational Manhattan cool. It matched the city’s soaring skyscrapers in its ambition, unapologetic ego and raised-eyebrow […]