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Hi-Crush Becomes Latest Frac Sand Supplier to Enter Bankruptcy
2020-07-13 23:30:00| OGI
Houston-based Hi-Crush entered into a restructuring support agreement with certain noteholders for a prearranged plan, which, if implemented, will result in the elimination of approximately $450 million of unsecured note debt.
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Quiz latest to offload Leicester supplier amid "modern slavery" allegations
2020-07-13 13:56:00| Daily apparel & textile news and comment - from just-style.com
Quiz has become the second UK fast fashion retailer in the last week to launch an investigation into one of its Leicester-based suppliers following allegations of non-compliance with living wage requirements, while reports have emerged nearly 10,000 modern slaves could be working in the city.
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Magic live event in Las Vegas latest to be cancelled
2020-07-13 13:10:00| Daily apparel & textile news and comment - from just-style.com
US fashion tradeshow Magic is the latest physical event to have been cut from the industry's calendar this year given the continued uncertainty around international travel and border restrictions related to the coronavirus pandemic.
Brooks Brothers latest to file for bankruptcy
2020-07-08 19:54:00| Daily apparel & textile news and comment - from just-style.com
US men's wear retailer Brooks Brothers has become the latest company to file for bankruptcy protection after being hit by falling sales and declining demand for its business attire.
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Amazon latest to join CanopyStyle initiative
2020-07-08 11:34:00| Daily apparel & textile news and comment - from just-style.com
Online retail giant Amazon has become the last firm to pledge a commitment to stop sourcing the raw material for its viscose and rayon textiles from ancient and endangered forests.
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