The beauty industry has faced economic issues that the rest of the retail sector has faced…
Tag: bankruptcy
Luxury retailer cuts 16% corporate jobs as bankruptcy exit nears
Luxury retail giant Saks Global is moving closer to a bankruptcy exit, but its restructuring is…
Texas winery files for Chapter 12 bankruptcy to settle debt
A five-year decline in sales in the wine industry has impacted wineries across the spectrum, from…
78-year-old furniture company stops production, plans bankruptcy
Declining furniture sales, as a result of a multi-year housing slump, and rising product and labor…
Home Depot kitchen and bath rival files for Chapter 11 bankruptcy
Home improvement and hardware stores have faced economic issues in the last year that have led…
Joburg mom faces bankruptcy over R2.9m water bill
Jenny-Lee Bot rents out a house in Dainfern, Johannesburg. The income from the property is needed…
41-year-old cosmetics company files for Chapter 11 bankruptcy
Fierce competition is one of the biggest challenges for the cosmetics sector, which consists of 5,085…