Claire’s faces more uncertainty as parent company files for bankruptcy – TheBusinessDesk.com
Claire’s faces more uncertainty as parent company files for bankruptcy TheBusinessDesk.com Read the original article here
Closure fears at Claire’s Accessories stores in Shropshire after owner files for bankruptcy
The company runs two outlets in Shropshire, in Telford and Shrewsbury, among around 280 stores in the UK. In total, Claire’s runs 2,750 stores across 17 countries, employing around 5,000 people across its operation. The US-based fashion accessories and jewellery business has filed for Chapter 11 bankruptcy in a court in Delaware, according to new…
WEBERIT: German automotive supplier slides into insolvency again / Local court orders reorganisation under self-administration
German automotive supplier slides into insolvency again / Local court orders reorganisation under self-administration — By Plasteurope.com staff — A sharp decline in sales has pushed automotive supplier Weberit Plastics Technologies (Oberlahr, Germany; www.weberit.com) into financial distress, prompting the company to file for insolvency under self-administration. On 29 July 2025, the local court of Betzdorf…
Bankruptcy puts 280 UK Claire’s Accessories stores at risk
Claire’s Accessories, which has 280 stores in the UK, is facing an uncertain future 11:50, 06 Aug 2025Updated 12:10, 06 Aug 2025 The chain faces an uncertain future(Image: UCG, UCG/Universal Images Group via Getty Images) Claire’s Accessories is facing an uncertain future on UK high streets as its US parent company has filed for bankruptcy.…
Kathrein Broadcast secures new investors to exit insolvency – Broadband TV News
Kathrein Broadcast secures new investors to exit insolvency Broadband TV News Read the original article here
Denim label Closed files for insolvency
Italian-inspired premium denim label Closed has filed for insolvency and placed a corresponding application with the Hamburg district court in Germany. Despite its financial difficulties, business operations are to continue unchanged. View of the Closed store in Osnabrück, one of its 26 retail locations in the German market. – Rüdiger Oberschür Hamburg-based lawyer Stefan Denkhaus from the…
Denim label Closed files for insolvency
Italian-inspired premium denim label Closed has filed for insolvency and placed a corresponding application with the Hamburg district court in Germany. Despite its financial difficulties, business operations are to continue unchanged. View of the Closed store in Osnabrück, one of its 26 retail locations in the German market. – Rüdiger Oberschür Hamburg-based lawyer Stefan Denkhaus from the…
Dalmia Cement’s Bid for Bankrupt JP Associates Gets CCI Nod, But Hurdles Remain – Outlook Business
What Lies Ahead for JP Associates Jaiprakash Associates entered the corporate insolvency resolution process last year. Its lenders include Axis Bank, State Bank of India, Yes Bank, Bank of Maharashtra, Canara Bank, Bank of Baroda, ICICI Bank, Indian Overseas Bank and IDBI Bank, among others. Read the original article here
Denim label Closed files for insolvency
Italian-inspired premium denim label Closed has filed for insolvency and placed a corresponding application with the Hamburg district court in Germany. Despite its financial difficulties, business operations are to continue unchanged. View of the Closed store in Osnabrück, one of its 26 retail locations in the German market. – Rüdiger Oberschür Hamburg-based lawyer Stefan Denkhaus from the…
NCLT Admits Application for CIRP by SBI against Corporate Debtor for Providing financial assistance of Rs.25.75 Cr [Read Order]
In a recent case, the Ahmedabad Bench of the National Company Law Tribunal (NCLT) admitted the application for initiation of Corporate Insolvency Resolution Process (CIRP) by SBI against the Corporate Debtor for providing financial assistance of Rs.25.75 Cr. The Petition is filed by the Applicant- State Bank of India ( “Financial Creditor”) against the Respondent-…