LOS ANGELES, July 26, 2017 /PRNewswire/ — BCBG Max Azria Group, LLC (“BCBG” or the “Company”) is pleased to announce that the United States Bankruptcy Court for the Southern District of New York has confirmed the Company’s comprehensive restructuring plan which contemplates the sale of substantially all the assets of the Company and certain of its…
(RTTNews) – While reporting its second-quarter financial results, Tupperware Brands Corp. (TUP) said it has decided to wind-down Beauticontrol’s operations. Tupperware said that after being unsuccessful in finding a buyer for the business, it has decided to wind-down Beauticontrol’s operations over approximately the next 60 to 90 days. The company expects a small amount of…
Image copyright PA Scotland’s business minister has blamed “continuing austerity” for a sharp rise in personal insolvencies. The last quarter saw insolvencies rise year-on-year by 17.3% to 2,839, according to official figures. Paul Wheelhouse claimed there was “no question” austerity had led to “more people suffering the anxiety and distress of insolvency”. The Scottish Conservatives…
Business minister blames insolvency rise on ‘austerity’ 26 July 2017 From the section Scotland business Image copyright PA Scotland’s business minister has blamed “continuing austerity” for a sharp rise in personal insolvencies. The last quarter saw insolvencies rise year-on-year by 17.3% to 2,839, according to official figures. Paul Wheelhouse claimed there was “no question” austerity…
“BCBG has accomplished its goal to remain a viable, creative and strong brand through the sale transactions with Marquee and Global Brands,” said Marty Staff, Acting Interim Chief Executive Officer of BCBG Max Azria Group, LLC. “I would like to thank the BCBG team and all parties involved for their hard work. While there is no…
A 17% increase in personal insolvencies has been brought about after continuing Westminster austerity resulted in “incomes being squeezed”, Holyrood’s business minister said. Paul Wheelhouse made the comments after the latest data showed debts forced 2,839 people to either become bankrupt or take out a protected trust deed over the period April to June 2017.…
A 17% increase in personal insolvencies has been brought about after continuing Westminster austerity resulted in “incomes being squeezed”, Holyrood’s business minister said. Paul Wheelhouse made the comments after the latest data showed debts forced 2,839 people to either become bankrupt or take out a protected trust deed over the period April to June 2017.…
The number of Scottish businesses becoming insolvent or entering receivership dropped by almost 25% compared to a year ago, according to figures from Accountant in Bankruptcy (AiB) for the first quarter of 2017-18. Compared to the first quarter of 2016-17, there were 200 corporate insolvencies, down from 265 a drop of 24.5%. The figure for…
The number of Scottish businesses becoming insolvent or entering receivership dropped by almost 25% compared to a year ago, according to figures from Accountant in Bankruptcy (AiB) for the first quarter of 2017-18. Compared to the first quarter of 2016-17, there were 200 corporate insolvencies, down from 265 a drop of 24.5%. The figure for…
East of England businesses are now at greater risk of insolvency than at the start of 2017, according to new research by the Eastern branch of restructuring and insolvency trade body R3. Julys figures, compiled using Bureau Van Dijks Fame database, show that over one in four businesses in the region 27.9 per cent are…