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Fall of the zombies? Why corporate failures could surge in 2024

Inside Retail

A crunch is looming, finance industry experts said, with many weaker, smaller businesses seeking new private loans and public debt deals just as government borrowing costs – which influence loan rates – are soaring globally. France’s sixth largest retailer Casino has just finalised a debt restructuring to avert bankruptcy.

Finance 130
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What Can and Should Retailers Do About Climate Change?

Retail TouchPoints

With global attention focused on mitigation, adaptation and resilience, how are retailers managing related risks and considering possible business opportunities? ESG analysis could indicate that management is focused on long-term competitive market advantages that also may help it meet future bondholder obligations.

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Exclusive CEO Q&A: How Hand & Stone Massage Kept Growth Going Even During Shutdowns

Retail TouchPoints

Todd Leff: It was an interesting time, right at the height of the financial crisis in 2009. What are some other key management principles that have helped? Consumers want a national brand, because they like the uniformity of standards and systems. What attracted you to the company? Leff: That’s the strength of franchising.

Location 166
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The collapse and rebirth of UK fashion giant Missguided

Inside Retail

Missguided, founded by Nitin Passi in 2009, shocked the retail industry after declaring that it had fallen more than £80 million ($136 million) in debt. But how did this fast fashion giant collapse so quickly and what lies ahead for Missguided under new management? However, those days are long gone. Self-inflicted wounds.

Fashion 130
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Who is Peter Ruis, the man tasked with reviving John Lewis?

Retail Gazette

He also oversaw the relaunch of its fashion website back in 2009, helping to boost the retailer’s online profile, and introduced new in-store design concepts for its womenswear departments. Ruis later joined Anthropologie as its managing director, where he strengthened its operations in the US and chartered its international expansion.

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Rothy’s Names New CEO and President as Co-Founders Move Up

Retail TouchPoints

She also served as President and CEO of Charlotte Russe from 2009 to 2019 and has served on the boards of companies including Kendra Scott, Levi Strauss & Co. She will continue to oversee the deployment of growth capital and manage Rothy’s finance, logistics, data analytics, retail, international and technology divisions.

Finance 241
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Blanor Products Proves to Retailers that Potty Talk Is More Important Than We Think

Rangeme

Their team of five includes Faye’s daughter Brittany Vance, the Director of Finance and Accounting, her son Walter Vance III, the Director of Logistics, and Faye and Cynthia’s other sister-in-law, Donna Raines, the current Director of Business Operations. Cynthia Pryor immediately signed up and quickly got their brand RangeMe Verified.