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Tag: restructuring
Gildan Q2 profit slips on higher restructuring costs
2019-08-01 14:05:00| Daily apparel & textile news and comment - from just-style.com
Gildan Activewear has reported what it says are "record" second-quarter sales, although restructuring and acquisition-related costs meant a fall in net earnings.
Tags: costs
higher
profit
restructuring
Amid Reports That It Hired Debt Restructuring Advisers, J.C. Penney Insists Its Just Fine
2019-07-30 17:28:00| National Real Estate Investor
Earlier this month, Reuters reported J.C. Penney was working with debt restructuring advisers. The retailer issues a denial. But is there something afoot?
JC Penney denies debt restructuring claims
2019-07-22 14:36:00| Daily apparel & textile news and comment - from just-style.com
US retail giant JC Penney has responded to reports the company has hired advisers to explore debt restructuring options, noting it has a "strong liquidity position" and is not preparing for a restructuring or bankruptcy.
Tags: claims
debt
restructuring
denies
Cell C hires consultants to probe practices, advise on restructuring
2019-07-12 14:04:00| Telecompaper Headlines
(Telecompaper) South African operator Cell C said in an open letter that it has hired consultants to probe its business practices for any irregularities and to advise on restructuring. CEO Douglas Craigie Stevenson said Cell C has appointed law firm Bowmans to investigate any parts of the business where the operator suspects there may be irregular practices. It has also hired PwC for a full procurement audit and review of processes.
Tags: cell
practices
consultants
probe
UK footwear chain Office in debt restructuring talks
2019-07-02 14:07:00| Daily apparel & textile news and comment - from just-style.com
The South African-owner of UK footwear chain Office has confirmed it has entered into debt restructuring talks with lenders to explore options for the business.
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