bankruptcy

Luxury Watchmaker HYT Emerges From Bankruptcy With Improved Quality Controls

Luxury Watchmaker HYT Emerges From Bankruptcy With Improved Quality Controls
Luxury Watchmaker HYT Emerges From Bankruptcy With Improved Quality Controls
January 28, 2022  |  Retail

It looks like HYT’s time wasn’t up after all. The luxury watch seller — with prices in excess of $70,000 — that boasts it was...

READ MORE >
Retail Bankruptcies Drop 60% to Lowest Level in a Decade
Retail Bankruptcies Drop 60% to Lowest Level in a Decade
January 21, 2022  |  Retail

Retail bankruptcies dropped from 52 in 2020 to 21 last year, Axios reported Thursday (Jan. 20), citing research by S&P Global Market Intelligence. Get the...

READ MORE >
Uptick in Business Bankruptcies Expected
Uptick in Business Bankruptcies Expected
October 06, 2021  |  Economy

Business bankruptcies are predicted to rise next year as governments pull the plug on pandemic-related financial support, CNBC reported on Wednesday (Oct. 6), citing a...

READ MORE >
A Year After Exiting Bankruptcy, A More Focused Neiman Marcus Emerges
A Year After Exiting Bankruptcy, A More Focused Neiman Marcus Emerges
August 13, 2021  |  Retail

Nearly a year after emerging from Chapter 11 bankruptcy, Neiman Marcus is reemerging with a new marketing campaign meant to reintroduce the brand to the...

READ MORE >
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
May 04, 2021  |  Business

The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than...

READ MORE >
Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
May 04, 2021  |  Economy

Restaurant chain Cosi, which is now in bankruptcy, wants to speed up the process so it can gain access to federal aid for restaurants as...

READ MORE >
Pandemic Aid, Gov’t Measures Help Hold Off Bankruptcies
Pandemic Aid, Gov’t Measures Help Hold Off Bankruptcies
March 29, 2021  |  Economy

As government support buttressed income and staved off some obligations, the number of individuals filing for bankruptcy dropped precipitously during the pandemic, The Wall Street...

READ MORE >
Paper Source Bankruptcy Leaves Vendors In Payment Limbo
Paper Source Bankruptcy Leaves Vendors In Payment Limbo
March 22, 2021  |  B2B Payments

In a recent interview with PYMNTS, Chad Hardy, chief operations officer at Australian FinTech Bookipi, offered insight into the global late payments problem. While the...

READ MORE >