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Business
fromWWD
6 days ago

The Creative, Conceptual Style of Richard Baker That Cost Him Saks Global and More

Richard Baker's aggressive retail acquisitions and cost-cutting strategies led to repeated bankruptcies, unpaid vendors, and failed attempts to build a luxury retail empire.
fromBusiness Insider
2 months ago

4 fashion brands and retailers that filed for bankruptcy in 2025 - and why

An uncertain economic environment has led some consumers to be more selective about where they spend their money. As a result, some are reaching for cheaper styles - fast-fashion retailers like Shein took market share from competing brands in 2024, according to data and analytics company GlobalData - or buying secondhand clothing. Many retailers and restaurants, such as baby apparel brand Carter's and department store chain Macy's, have been shuttering stores.
Fashion & style
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