The parent company of Ann Taylor, one of the largest American womens wear brands, applied for bankruptcy protection

category:Finance
 The parent company of Ann Taylor, one of the largest American womens wear brands, applied for bankruptcy protection


Recently, the U.S. clothing industry, retail industry set off a wave of bankruptcy. Although filing a bankruptcy petition does not necessarily mean that companies will go bankrupt, and these companies are more likely to carry out financial restructuring, it still reflects that the retail industry in the United States in a broad sense is facing a greater disaster. Earlier, the Brooks brothers, known as the Presidents clothes and an established American clothing retailer, filed for bankruptcy on July 9. The Brooks brothers provided inaugural clothing for most U.S. presidents, and their star customers include entertainment people from Clark Gable, a Hollywood actor in the last century, to Stephen Colbert, now the talk show host. Ralph Lauren, a famous fashion designer, was also a salesman for the Brooks brothers. The company recently said it had decided to close 51 U.S. stores in about 250 locations in North America. Earlier this year, Brooks brothers said it would close three local plants in New York, Massachusetts and North Carolina. Source: Wall Street news editor: Yang Bin_ NF4368

Recently, the U.S. clothing industry, retail industry set off a wave of bankruptcy. Although filing a bankruptcy petition does not necessarily mean that companies will go bankrupt, and these companies are more likely to carry out financial restructuring, it still reflects that the retail industry in the United States in a broad sense is facing a greater disaster.

Earlier, the Brooks brothers, known as the Presidents clothes and an established American clothing retailer, filed for bankruptcy on July 9.

The Brooks brothers provided inaugural clothing for most U.S. presidents, and their star customers include entertainment people from Clark Gable, a Hollywood actor in the last century, to Stephen Colbert, now the talk show host. Ralph Lauren, a famous fashion designer, was also a salesman for the Brooks brothers.