Dressbarn news and archive

Ralph & Russo bought out of administration by Dressbarn owner

US investment firm Retail Ecommerce Ventures (REV) has reportedly bought British couture brand Ralph & Russo out of administration. REV, which is a vehicle set up by entrepreneurs Tai Lopez and Alex Mehr, agreed to buy Ralph & Russo late on Wednesday, around three months after it fell into administration, Sky News reports. An announcement about...

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These are the companies downsizing or filing for bankruptcy in 2019

These are hard times for brick and mortar retail. While consumers still like to shop in brick and mortar stores, many retailers have been struggling to stay afloat due to dropping footfall in shopping malls and competition with online retailers. Here’s a recap of the fashion businesses which announced downsizing plans or filed for bankruptcy...