Francesca’s news and archive

Hilco to oversee competitive sale process of Francesca’s, ‘robust’ interest reported

A sale process for the assets of womenswear retail chain Francesca’s has been launched, with advisors already reporting “robust” interest in the brand. Hilco Global has been appointed as the asset disposition consultant for Francesca’s Acquisition, LLC and its debtor affiliates following a stalking horse agreement with Stand Out For Good, Inc....

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Francesca’s: The journey to a second bankruptcy for the mall-based retail chain

US retail chain Francesca’s has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of New Jersey. The news comes after media reports speculated that the company was already in the process of liquidating its inventory and was planning to close stores. At the time, it was suggested that Francesca’s was also...

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Womenswear retailer Francesca’s begins liquidation process

US womenswear retailer Francesca’s is believed to have begun closing its stores after sources suggested it had launched a liquidation process last week. A bankruptcy filing is also anticipated. According to WWD, when contacted for a comment, a customer service representative told the media outlet that “we are liquidating our inventory and...

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Francesca’s acquires apparel brand Richer Poorer

American speciality retail group Francesca's Acquisition LLC has acquired LA-based apparel and lifestyle brand Richer Poorer for an undisclosed price to bolster its channel reach and expand product categories. In a statement, the retail group, which operates a nationwide chain of Francesca's and Franki by Francesca's boutiques offering fashion,...

Retail

Francesca's launches new mobile shopping app

Francesca's has debuted a new mobile app as it transitions into a digital-focused commerce model. The retailer recently announced closures of 140 stores, all expected to shutter by the end of January 2021. Now, the retailer is working to make online shopping more convenient for its customers. TheFrancesca's app is currently available for iOS...

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Francesca’s Holdings and Poq to launch mobile shopping app

Francesca’s Holdings Corporation and application commerce company Poq have announced their collaborative plans to develop the first mobile app of American retailer Francesca’s. The app, which is scheduled to launch for iOS this summer, with Android to follow later this year, will enhance customer experience, as well as include a new digital...