Chain Store Age
Massive debt has finally taken its toll on Nine West.
Nine West Holdings Inc. said Friday that it has filed for Chapter 11
bankruptcy protection, with a plan to sell its namesake and Bandolino
footwear and handbag businesses as part of its reorganization to
Authentic Brands Group. The company said it plans to revamp its capital
structure around its profitable businesses, including Anne Klein, Kasper
Group, The Jewelry Group and One Jeanswear Group.. . . more