In the midst of Chapter 11 bankruptcy proceedings, the American accessories retailer is battling on, managing to reduce its net loss in the second quarter as the positive effects of restructuring begin to take effect.
The struggling American accessories retailer and tween favorite reported on Wednesday slipping European same-store sales in the first quarter of 2018, combined with increased losses, dragged down by restructuring costs.
Amorepacific has opened its first beauty pop-up in NYC. The space features Korean beauty, fragrance, color and skincare products as well as meet and greets with beauty experts, on-site treatments, and product sampling.
Against the backdrop of dicussions during March of a possible merger between Marie Claire and Mondadori, the magazine, headed by Mariainne Mairesse, has unveiled its newest iteration, with a stronger fashion slant.
Claire’s Stores Inc said on Monday it filed for Chapter 11 bankruptcy protection and expects to reduce debt by about $1.9 billion, as the struggling retailer of girls’ accessories combats a fall in mall traffic.