The struggling surf and skate wear online retailer has gone into voluntary administration in a move that will see it consider a recapitalisation or restructure, as it continues to face both legal and creditor pressure.
Amazon said on Thursday it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market, sending shares of rival grocers tumbling over fears of even more brutal market share battles.
Burlington Stores raised its full year 2017 outlook on Thursday, following a positive Q2 and H1. The New Jersey-based company announced in May that it expected its full year total sales to increase in range of 7-8%.
Don Watros, who has spent 11 years with HBC, will part ways with the company on September 29, 2017. The announcement of his departure comes one day after HBC moved up the opening date of its Netherlands location.
The lingerie brand has teamed up with New York City boutique Fivestory on an exclusive pop-up of its fall/winter collection. The pop-up is part of a series of collaborations celebrating Fivestory’s fifth anniversary.