While focus will be on DTC, brand’s remaining stores will continue operating
Steps part of sale to group led by WHP
The $52 million payment would help the retailer’s long-term liquidity
Retailer to enter Indonesia and Paraguay, continue expanding in Mexico and Central America
Stewart Glendinning is a former exec of Tyson Foods
Fashion retailer also sets reverse stock split to keep exchange listing
Malissa Akay has left the apparel retailer effective immediately, a regulatory filing reports
A total of $260 million is being poured into the apparel retailer
Jason Judd will take the company’s financial reins on April 4
