One of Chennai’s biggest jewelers has closed down all seven of its shops in Tamil Nadu, citing losses and a cash crunch. The owners of Nathella, a brand that is 70 years old, have said they will sell large amounts of property to pay hundreds of customers who signed up for a scheme that saw … Read More →
For nail-in-the-coffin type proof that American Apparel’s heyday is well and done, look no further than the financial pages. After declaring bankruptcy in the fall of 2015, the brand announced it’s shuttering its L.A. headquarters and all 110 American stores, with the last door to close in April. As such, the next few months mark the last opportunity to … Read More →