RetailNews

Creditors Blame Private Equity for Retail Bankruptcies

Changing consumer habits and the rise of e-commerce may be plaguing retail but vendors and landlords have a different culprit in their sights, and they're going after them in court.

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BusinessFootwearRetail

Authentic Brands Group Buys Footwear Brands from Payless

Authentic Brands Group (ABG) announced Wednesday that it finalized its acquisition of four youth lifestyle, athletic, and skate-inspired footwear brands from Payless Holdings. The purchased brands–Airwalk, Hind, Vision Street Wear and Above The Rim–are assets of Collective Licensing International LLC, Lifestyle Brands Corporation, and Collective Brands Cooperatief U.A.… Read More

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