Bankruptcy

Iceland Mat Declared Bankrupt With Debt Of NOK 32.4m: Report

Iceland Mat has decided to call for tenders after the company was declared bankrupt on 11 October, according to media reports.

Dutch Retail Sales Increase, Volumes Decline In Q3: CBS

Retail sales in the Netherlands increased by more than 4% year-on-year in the third quarter, due to price increases.

Dutch Retail Turnover Up, Volumes Down In Second Quarter: CBS

Retail sales in the Netherlands saw growth of more than 6% year on year in the second quarter due to higher selling prices.

Juul Secures Funds To Stay Afloat, Plans To Cut 400 Jobs

Juul Labs Inc has secured an investment from some of its early investors that will keep the e-cigarette maker in business, the company said on Thursday, ad...

Revlon Files For Bankruptcy Protection

Cosmetics maker Revlon Inc filed for Chapter 11 bankruptcy protection after struggling to compete with online-focused upstart brands in recent years.

Russian Shopping Malls 'May Face Bankruptcy' This Year: Forbes

Russian shopping malls are facing a drop in rental income of around 30% to 50% this year due to international brands shuttering their operations, leaving m...

Asian Competition Drives Ivory Coast's Cashew Processors To Bankruptcy

Ivory Coast cashew processors are being driven towards bankruptcy by Asian exporters who buy up all the local supply, thwarting a government plan to invigo...

Revlon Avoids Bankruptcy After Getting Bondholder Support

Revlon Inc said on Thursday that enough bondholders had taken part in its debt restructuring programme for the cosmetics maker to stave off bankruptcy....