Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

The spirits industry has faced economic issues since the end of the Covid-19 pandemic that continue to mount. Among the reasons given for financial distress are the lasting effects from the Covid-19 ...

After a decade of press powders and sharply pigmented shadow, Pat McGrath Labs is filing for bankruptcy. The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 ...

The parent of Saks Fifth Avenue and Neiman Marcus filed for bankruptcy protection, barely a year after an ambitious bet on luxury department stores brought the two storied retailers together in what ...

For those who are old enough to remember Howard’s Appliance back at its peak, it might take you by surprise to know that the chain recently shuttered all its Southern California locations and filed ...

The owner of one of the world's best known vodka labels is shutting down its American business, with court papers showing a shift from attempted rescue to outright liquidation. After a year of ...

As an avid fan of the show "Bar Rescue," I've seen countless businesses that look healthy on the outside, but actually have a rotten core. Sometimes it's staff overpouring liquor, which over the ...

Luxury retail chain Saks Global Enterprises’ road to bankruptcy protection was riddled with potholes, including a debt-fueled purchase of Neiman Marcus, stretched middle-income consumers, e-commerce ...

Jan 15 (Reuters) - Gym booking app ClassPass owner Playlist said on Thursday it would merge with fitness-tech firm EGYM in a deal that includes equity funding of $785 million, led by Jared Kushner's ...

Georgia ProtonCare Center, Inc. Files Chapter 11 to Facilitate Competitive Sale Process and Enters Into Asset Purchase Agreement With Emory Healthcare Georgia ProtonCare Center Inc. (“GPCC” or “the ...

NEW YORK, Jan 14 (Reuters) - High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic, barely a year ...

The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, ...