
Apparel company Lucky Brand Dungarees is filing for Chapter 11 bankruptcy, it said on Friday, becoming the latest retailer to fall victim to the coronavirus pandemic.
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Apparel company Lucky Brand Dungarees is filing for Chapter 11 bankruptcy, it said on Friday, becoming the latest retailer to fall victim to the coronavirus pandemic.
The footwear and accessories maker reported a fourth-quarter loss of $7.6 million on Tuesday and announced the closure of its North American retail locations in response to the ongoing Covid-19 pandemic.
Opened on October 22, the 4,912 square-foot store offers a variety of Lucky Brand's heritage denim, graphic tees, leather motorcycle and denim jackets and accessories, among other products.
The size-inclusive brand announced on Tuesday the appointment of Andy Thê-Anh as design director and the opening of a new concept store at the brand’s Carrefour Laval location in the outer skirts of Montreal.
AllSisters, the Spanish swimwear brand, has inked a distribution deal with Victoria’s Secret. The label’s designs will be available on the Victoria’s Secret online shop throughout the summer season.
In a call with investors at the end of last month, Carlos Alberini laid out his strategy for Guess, revealing plans to accelerate the brand's denim business, as well as its accessories line and Marciano.
Guess Inc. reported on Wednesday that fourth-quarter earnings missed Wall Street expectations, despite an overall revenue uptick of 5.7%.
J.C. Penney Co Inc on Friday will end a clothing subscription service venture, the retailer said this week, a move toward sharpening its focus on more-profitable apparel sales.
Lucky Brand announced on Monday that its Chairman & CEO Carlos Alberini is leaving the company to join Guess once again.
Apparel maker Guess Inc said on Monday CEO Victor Herrero will be leaving the company on Feb. 2. Carlos Alberini, head of jeans maker Lucky Brand and a former chief operating officer of Guess, will replace Herrero.