Dive Brief. Published Nov. Ben Unglesbee Senior Reporter. Dive Brief: Bluestar Alliance is set to acquire the Justice brand from Ascena Retail Group after winning a bankruptcy auction for the tween brand. A hearing is set for Thursday to consider the sale in the federal bankruptcy court overseeing Ascena's Chapter 11 case. The parties expect the deal to close before the end of November, according to a press release. Editors' picks Flickr user Xurble. Retail's pandemic bankruptcy bloodbath is over.
But these 20 companies are still at risk. How traditional teen apparel brands went out of style Gen Z sets trends fast — and they won't hesitate to leave retailers who can't keep up in the dust. Company Announcements. As of Aug. Muto had said at the time that Justice would bear the brunt of store closures because it had the highest store count. A decision about the remaining Justice retail locations will be made as part of the auction process, according to the statement. It had earlier announced plans to sell of its plus-size Catherines brand.
Let's see why the adoption of AMD's server chips by Meta is going to be a big deal. Analysts raise their price targets on Nvidia and reiterate positive ratings ahead of the company's quarterly earnings next week.
All amounts are shown in United States dollars "U. He noted that there are other viable stocks to buy in the lithium recycling space, but reaffirmed that QuantumScape is his top pick. This was on the back of a string of analyst downgrades of the space-tourism company's stock following Q3 results that were unveiled at the beginning of the week. Several analysts were quick to modify their views on Virgin Galactic stock after those results were published.
The recent spin-off of its managed infrastructure business into a company called Kyndryl NYSE: KD removes a noncore business from its balance sheet. Also, management promised that the two companies would maintain the current combined dividend.
Shares of solar energy stocks jumped almost across the board on Thursday as the industry got some good news about potential tariffs. Asian solar panel manufacturers led the way, but everyone from residential solar installers to adjacent equipment manufacturers experienced at least a small bounce.
Every stock has a backstory, and the backstories offer hints and clues to what lies ahead. A smart investor will learn which clues or signals bode best for the stock. In denim, in addition to regular and plus, slim sizes are offered.
Justice also will be relaunching its loyalty program, Club Justice, at a later date. Those that shopped on the former Shopjustice. With our new website, we have made shopping for her favorite styles and products even easier. The company hinted at more new items in these upcoming drops, including the new J Sport athleisure line, mix-and-match coordinates and sustainable clothing offerings.
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