FERRARA, ITALY – JULY 26: General view during the Serie A match between SPAL and Torino FC at Stadio Paolo Mazza on July 26, 2020 in Ferrara, Italy. (Photo by Gabriele Maltinti/Getty Images) SPAL have been officially declared bankrupt today as the club disappears from Italian football. After victory a few months ago in…
The tween jewellery and ear piercing retailer Claire’s has declared bankruptcy for the second time in seven years as it struggles amid a slowdown in consumer spending and the switch to online shopping. The US accessories retailer, which has more than 2,700 stores in 17 countries including the UK and France, said in papers filed…
Claire’s faces more uncertainty as parent company files for bankruptcy TheBusinessDesk.com Read the original article here
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…
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…
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 Read the original article here
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…
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…
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