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Yogasmoga's bankruptcy: is the athleisure bubble close to burst?
New York-based athletic apparel firm Yogasmoga has filed for Chapter 11 in a bankruptcy court in Manhattan, following an involuntary chapter 7 bankruptcy in November. Launched in 2013, Yogasmoga has some 50 to 99 creditors according to the ‘WWD’. The value of its assets is estimated to be somewhere between one and 10 million dollars, reports the...
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