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Tag: bankruptcy

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Apparel retailer rue21 files for third bankruptcy, announces closure of all stores

rue21, a teen apparel retailer, has filed for Chapter 11 bankruptcy protection for a third time, seeking to shut down its 540 stores and...

Apparel retailer Express files for US bankruptcy protection, plans closure of over 100 stores

Express Inc, a prominent fashion retailer, has initiated Chapter 11 bankruptcy proceedings in the United States and plans to shutter over 100 of its...

The Body Shop files for bankruptcy: US operations shut down, Canadian stores to follow suit

The UK-based cosmetics company, The Body Shop, shut down all of its US-based operations and will soon be closing dozens of Canadian store locations...

Iconic brand The Body Shop’s UK arm files for bankruptcy, job losses loom

The UK division of The Body Shop, the esteemed cosmetics brand with nearly 50 years of history in ethical hair and skincare products, has...

Future Lifestyle Fashions receives two resolution proposals amid bankruptcy

Future Lifestyle Fashions, a subsidiary of the Future Group facing bankruptcy, has garnered two resolution proposals, as disclosed by its resolution professional in a...

Liquidation looms for Future Retail as buyer search hits roadblocks

Kishore Biyani, renowned as the "Raja of Retail," is facing the imminent collapse of his once-prosperous retail empire. Future Retail, the flagship company, is...

Meridian Restaurants divests 70 Burger King outlets across the U.S. following bankruptcy

Meridian Restaurants Unlimited (Meridian), a franchisee of Burger King, recently declared bankruptcy and subsequently sold off 70 of its restaurants. According to QSR Magazine, the...

Burger King franchisee Meridian Restaurants faces closure of 27 locations after bankruptcy filing

Meridian Restaurants, a US-based company that was established in 2002, filed for bankruptcy in March of this year and is currently in the process...

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