Escada bankrupt

| | Comments (0) | Retweet

German fashion company Escada filed for bankruptcy protection after failing to secure financing. The company had planned on making moves to continue funding its operations. Reuters said the company is "throwing in the towel" and "admit[ting] defeat," which casts doubt on the company emerging from bankruptcy as an ongoing business. Escada had more than 400 worldwide locations.

0 TrackBacks

Listed below are links to blogs that reference this entry: Escada bankrupt.

TrackBack URL for this entry:

Leave a comment

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Entry

This page contains a single entry by David Wertheimer published on August 13, 2009 10:48 AM.

Paula Dorf Cosmetics bankrupt was the previous entry in this blog.

Reader's Digest bankrupt is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.