teen fashion news and archive

Aeropostale's bankruptcy causes issues with shareholder

Los Angeles - After prepping for a Chapter 11 bankruptcy, it seems that Aeropostale is only headed for more turmoil. The filing is potentially opening the teen retailer up to a conflict with one of its major shareholders: Sycamore Partners. The reason that the court filing may cause problems for its shareholders is due to Sycamore Partners’...

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Aeropostale prepares to file for Chapter 11 bankruptcy

Teen retailer Aeropostale Inc. is officially preparing to cut its losses. The New York-based company is prepping for bankruptcy filing as early as this month. The retailer has struggled in the past years in terms of finances. According to Bloomberg, the company is going to reorganize under a Chapter 11 bankruptcy filing. After the publication...