PATRICK MON PERE’S LETTER TO THE MENSWEAR INDUSTRY
Oct 20, 2020
As of now, the company has enlisted Hilco Merchant Resources and Gordon Brothers to start store closing sales on 19 Lord & Taylor locations.
Read MoreThe filing comes as the retailer enters into a restructuring support agreement (RSA) with more than 75 percent of its senior lenders to reduce its debt by at least $630 million.
Read MoreTo support its operations in bankruptcy, Brooks Brothers has secured $75 million in debtor-in-possession financing from brand management firm WHP Global.
Read MoreThe Los Angeles-based denim brand is blaming its troubles in part on the Coronavirus pandemic and said it has a deal lined up to sell the company.
Read MoreAfter the closings, the company will have 604 locations.
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