Slide #3
The group behind Filene's Basement has declared Bankruptcy. Syms Corp and it's subsidiaries have filed Chapter 11 petitions in a bankruptcy court in Delaware with the full intention to dissolve the business!
'After careful consideration has come to the conclusion that a bankruptcy filing and liquidation is the best way of maximizing value for all stakeholders.'All 46 stores will face liquidation during the holiday season. [Bloomberg] [Photo via]
.jpg "How Comms Guru & Founder Of The PR Net Lisa Smith Put Her Stylish Stamp On The Industry")
.jpg "Who Are The Assoulines? Meet The Chic First Family Of Luxury Publishing")
.jpg "Who Is Nats Getty? The Oil Heir & Trans Activist Is Living Life Loud & Proud")
.jpg "Worldly Socialite Haya Maraka's Elegant Etiquette Tips For The Modern Lady")
.jpg "Haute Hostess Christine Chiu's Guide To Throwing The Most Fabulous Fête")
