After 30 years, Lucky Brand files for bankruptcy amid COVID-19 crisis

  • 📰 ABC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Lucky Brand joins Victoria's Secret, J.C. Penny, The Children's Place, and several other labels that have announced store closures or bankruptcies this year.

On Friday, it was announced that the Los Angeles-based company, formally known as Lucky Brand Dungarees, LLC, filed for Chapter 11 bankruptcy due to millions of dollars in outstanding debts owed to lenders.

The denim brand is also looking to sell the business to SPARC Group, which is the operator of Aéropostale and Nautica brands.Editor's Picks

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's the only way to make the owners or stockholders staying alive at the epidemic attack of the novel coronavirus.

one step closer to getting JoeBiden elected. trump2020. POTUS wants these business to remain open. Who are you voting for?

The American public has been filing for bankruptcy for a while now. But they got no help from the state.

Listen to Scott Stanfield: Your Body is Designed to Heal Itself with Dr. Mindy Pelz on Modern Longevitarian What an episode with Dr. Mindy! She is a ball of energy and has so much real world knowledge on fasting, feasting and the keto lifestyle.

Never heard of them.

Buy American made All the China goods dealers are suffering Our Unions used to wear the Flag proudly on their work gear Don't trust the Unions

A misleading info most those companies were in trouble before the pandemic

Sons of bitches the FourthIndustrialRevolution strikes again. It was already rapidly encroaching, pandemic just accelerated it a little. They actually made some stuff I liked. Read The War On Normal People by Andrew Yang. Without MAJOR changes soon like UBI...societal breakdown

Dems love it! dems working for CCPChina !

Victoria’s Secret? Wow. I didn’t realize things were so bad for them

Thank realDonaldTrump for his denial, lies, and his enabling of the spread of this virus by refusing to lead and do what’s needed. Unfit. Dereliction of Duty.

Good thing we're shutting down the economy so these horrible Capitalist blood sucking businesses won't be around to give meaningless money paying jobs to our comrades any longer.

Not the children’s place, my favorite store when buying clothes for my 17 grands!!

Damn ABC all those companies have been having problems for years, including Sears. It’s called miss management

You spelled JC Penney wrong.

Stop just stop, we’re all responsible for our economy and our own well being. Stand up, shake it off, find your way. We’re luckiest people in entire world to have a free country. Stop letting people mow you down.

Personally, I was tired of obnoxious Victoria Secret' displays at our malls.

And how many of these stores were in the process of filing before COVID? Many!

It's too hard to comprehend . I'm so glad you're back.

Yep ,dumb ace corona virus shut down

President Trump did exactly what was actually in our Constitution and Our Laws. He told Governor's to handle their State's and if they needed assistance then Federal Government would come in and help. President Trump needs to issue a National Emergency to get Federal assistance.

That's good right ABC - more misery the better 🤮

Democrat run cities are experiencing more problems than anywhere else. The fact is Mayor's in Atlanta,Chicago, NYC all are failing badly. We are losing our streets because of a political agenda instead of focusing on the problem. What we need is failed media to start reporting.

Victory Secret was a les Wexner , Jeffrey Epstein’s sugar daddy

They are bad anyway. That’s why they are closing. Nobody shops there.

Thank you dems! No bailout for them? Only Art gallery’s?

I used to buy most my clothing at Macys myself

Thanks to the assholes at ABC, aka Crap, or Communist “news”...

Good. Liberal leaders.

All have been on the downhill side of thriving way before COVID-19!

Dang I liked Lucky Brand. Oh well!

Shutdowns destroyed lots of companies and democrats are happy about it

All businesses that couldn’t pivot in the new economy. Is it hard to tweet on a flip phone?

Probably closing their stores in cities because they really don’t care about BlackLivesMatter They speak a good game but don’t back it up with action.

JC Penny same boat with Sears... And where is Sears. They have been finished for years..

Stop spreading hate and fear You should be ashamed of how you are treating the American people. fakenews WWG1WGAWORLWIDE 🙏 GodWins

Closer1775 Oh too bad!

Let’s be honest: that pre-pandemic they were already having $ troubles-falling sales, stores in declining malls, and their inventory was being sold at discount retailers.

While Walmart, Costco, Home Depot, Lowe's, Target and other big businesses were permitted to proper and grow...makes you wonder why the govt picked winners and losers during the coronavirus.

Not much luck going around lately. First Luckin coffee and now Lucky Brand.

This was all part of the Democratic plan!

Ghost town

I think Victoria Secrets shutdown may be for entirely different reasons 😉

Thank you demonRATs.🤬🤬🤬

Penney’s, no surprise.

To paraphrase, let’s kill people so the rich can have more!

Of course now all the whinny left will try and blame Trump for this, never mind some of the companies were already in finacial trouble and lets not forget all the misinformation put out by the left and their mindless minions

Thanks to the democrat governors... this is what is happening all over

Cue the crazies to blame Dems. Nevermind that other countries with competent leadership squashed the virus proper, saving lives and economies, and here we flail the worst in the world at it. Republicans have the presidency, Senate, judiciary, but sure blame Dems.

For NAIVE persons who listen to RINO Abbot or Fake Fauci...Scientific Studies on N95 & Surgical & Fabric/Cloth. Surgical and Cloth are 100% Useless! Cloth Masks Increase Infections by Viruses/Bacteria!! N95 must be Fitted & Reduces Oxygen/Immunity by increased Inflammation & CO2

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

30 Bedtime Products You May Want To Try Out For A Better MorningThese are the next best thing to being tucked into bed.
Source: BuzzFeed - 🏆 730. / 51 Read more »

The 30 'most American' cars in 2020, according to data - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Kanye West Has Just 30 Days to Make His Presidential Run Mathematically PossibleKanye West announced his candidacy in a Tweet this weekend. OMG please tell me this is just a bad dream! notagain Does he support Medicare for all, green new deal, and leaving Venezuela and other countries the hell alone If so, he’s got my vote
Source: wmag - 🏆 723. / 51 Read more »

30 Problem-Solving Products That'll Help Make Your Fitness Routine EasierExercise with ease, thanks to dumbbell racks, breathable tank tops, and more fitness essentials. Kryptons_2nd
Source: BuzzFeed - 🏆 730. / 51 Read more »

Woman Accuses Ghislaine Maxwell of Raping Her ’20-30 Times’ as a Teen, Willing to TestifyA woman says that Ghislaine Maxwell, Jeffrey Epstein’s confidante, raped her between 20 to 30 times when she was a teenager.In an interview with Fox News reporter Bryan Llenas, the woman (who chose to remain anonymous and was only referred to as Jane Doe) said that she is willing to take the stand and testify against Maxwell, who was arrested by the FBI on Thursday morning in New Hampshire. “She did rape me. I would say it’s more than 20 or 30 times,” the woman told Llenas. “She is just as evil as Jeffrey Epstein … She is a rapist.”Doe told Fox News that she wanted to testify against Maxwell because she “deserves to be where she’s at today and she deserves to stay there for the rest of her life. I hope by me coming forward, it encourages other victims to stand up and say, you know, to be honest, let your voice be heard.”The woman said the abuse, which first started back in 1991 when she was just 14 years old, came to an end only after she became pregnant with Jeffrey Epstein’s baby. “I had never been with anyone except for him [Epstein],” she said. “The fact that I had to kill my child really affected me and my family.”Also Read: Jeffrey Epstein Documentary Director: Ghislaine Maxwell's Arrest Is 'An Important Day for Justice'The British socialite was arrested on charges that she conspired with the financier to sexually abuse minors, recruiting girls as young as 14.The indictment, reviewed by TheWrap, cited 1994 to 1997 as the years when the FBI says Maxwell “facilitated and contributed to Jeffrey Epstein’s abuse of minor girls by, among other things, helping Epstein to recruit, groom, and ultimately abuse victims known to Maxwell and Epstein to be under the age of 18.”Epstein died by suicide in a federal detention center in New York while awaiting trial on the trafficking charges last year.Read original story Woman Accuses Ghislaine Maxwell of Raping Her ’20-30 Times’ as a Teen, Willing to Testify At TheWrap Lock her up and all the other people who committed crimes We need a live feed of her cell. No way the Clintons wont have her suicideded She will call Trump's name.
Source: YahooNews - 🏆 380. / 59 Read more »

This town of 170,000 replaced some cops with medics and mental health workers. It's worked for over 30 yearsAround 30 years ago, a town in Oregon retrofitted an old van, staffed it with young medics and mental health counselors and sent them out to respond to the kinds of 911 calls that wouldn't necessarily require police intervention. Looks good I don’t understand why the majority of these comments are negative. Seems like a great idea to me. Call unarmed people for non-violent calls & armed cops for violent/criminal calls...🤷🏻‍♀️
Source: CNN - 🏆 4. / 95 Read more »