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John Varvatos Latest Fashion Brand To File For Bankruptcy

John Varvatos Enterprises Inc. filed a voluntary Chapter 11 petition on Wednesday in a Delaware bankruptcy court. “The firm’s filing marks a grim chapter in fashion as insolvencies pile up under pandemic pressure,” reports Sourcing Journal.  The brand follows that of men’s online customer clothier J. Hilburn and J. Crew earlier this week, premium denim brand True Religion last month. and Laura Ashley and Debenhams.

Read the whole story at Sourcing Journal »

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