Tag Archives: bankruptcy

Ssense Seeks Bankruptcy Protection as Luxury E-Commerce Falters  The New York Times Canadian luxury retailer SSENSE to file for bankruptcy protection  BBC Luxury Fashion Seller Ssense to Seek Protection After Clash With Creditors  Bloomberg.com Ssense files for bankruptcy protection under weight of tariffs  Vogue Business Ssense: What Went Wrong  The Business of Fashion Source link

Exclusive | Spirit Airlines Prepares New Bankruptcy Filing  The Wall Street Journal Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year  CNBC Spirit Airlines files for bankruptcy — second time in a year as turnaround fails  New York Post Western Pa. airports on alert as Spirit Airlines faces potential closure  Pittsburgh Post-Gazette No-frills pioneer Spirit Airlines seeks second …

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection …

Investment author Michael Gayed speaks on the Federal Reserve’s role in the great financial crisis, investment opportunities and more on ‘Making Money.’ Bravo Brio Restaurants LLC, the parent of Bravo! Italian Kitchen and Brio Italian Grille, filed for Chapter 11 bankruptcy protection for the second time in five years, citing the “acute financial distress” facing the industry. The company filed …

Spirit Airlines Hires Advisors As Second Bankruptcy Looms 5 Months After Exit  View from the Wing Exclusive | Spirit Airlines Engages Advisers to Explore Repeat Restructuring  The Wall Street Journal Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy  CNBC Spirit Downgraded After Borrowing Cash to Reduce Default Risk  Bloomberg.com Spirit Airlines’ battle for survival  Travel Weekly Source link

Another national restaurant chain has filed for Chapter 11 bankruptcy protection. According to Newsweek, Bravo Brio Restaurants — which owns Bravo! Italian Kitchen and Brio Italian Grille — filed for protection Monday. Much like other restaurant chains that filed for Chapter 11 in 2025, the company says rising costs, lower demand and other “insurmountable” pressures on the industry are causes …

(Reuters) -Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in its quarterly report on Monday. …

Facebook Tweet Email Link Reuters  —  Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in …

Once a staple of shopping malls across the U.S., teens and tweens retailer Claire’s announced this week it is filing for Chapter 11 bankruptcy protection. The once thriving retailer has faced numerous challenges in recent years caused in part by growing competition and a decrease in mall traffic nationwide. While the company says it is exploring “strategic alternatives” to its …

Tween Jewelry Retailer Claire’s Files for Second Bankruptcy  Bloomberg Claire’s, the ear-piercing tween mall staple, is bankrupt — again  NPR Claire’s, a mall staple for tweens, files for bankruptcy — again  CNN Claire’s, known for piercing millions of teens’ ears, files for Chapter 11, 2nd time since 2018  AP News Mall staple chain skips rent payments, moves closer to bankruptcy  AL.com Source link