The Limited news and archive

Fashion Police: Types of fraud the US False Claims Act can target in the fashion industry

What does whistleblower law have to do with fashion? Despite the glitz and glamor, the fashion industry ultimately deals in merchandise and must face unsexy topics like supply chain issues, warehousing, shipping, and customs. This article will give a brief overview of the history of US government enforcement against fashion brands for evading...

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Management|ANALYSIS

Is going fully digital the ultimate solution for struggling apparel retailers?

“We’re still vastly over-stored,” said Rod Sides, vice chairman of Deloitte LLP. “It’s not that the industry is dying, we’re in a correction.” That’s the view of attendees this week at the National Retail Federation’s trade show. Experts agree: continued fallout is expected for the next two to five years as expiring leases at troubled locations...

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Fashion

The Limited relaunches online and introduces plus size

Womenswear brand The Limited just relaunched with new genres and categories for modern apparel. The launch, announced Tuesday on December 5, also signifies the brand's return to TheLimited.com as well. With the launch, Belk Inc. also will become the exclusive distributor for The Limited brand with this new launch. The womenswear brand launched...

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Management|ANALYSIS

Will U.S. retail names dominate bankruptcy headlines in 2017?

Barely one month into the year and the number of companies requesting bankruptcy protection has dramatically increased within the U.S. retail industry. A new report reveals the number of bankruptcy filings by U.S. retailers with at least 250 million dollars in liabilities nearly doubled in 2016. The rate of Chapter 11 filings is often an...

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Report

The Limited bids farewell “it’s been an honor to provide fashion for you”

The bankrupted fashion retailer announced it has filed for bankruptcy protection earlier this month. Soon after it submitted its Chapter 11 bankruptcy protection’s request, The Limited kicks off its closure plan with the shutdown of its website. “Please know that it has been such an honor to provide fashion for you and other strong, confident...

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Business

The Limited heads towards bankruptcy in 2017

The Limited is the first fashion company of 2017 to file for bankruptcy. Unfortunately, the women’s retailer filed on Monday for Chapter 11 bankruptcy. The company also shuttered its 250 stores earlier this month. On January 6, The Limited had released a statement confirming that it was closing down all of its stores. Now, officializing its...

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Business

The Limited files for Chapter 11 bankruptcy

It seems that apparel company Limited Stores, parent company of The Limited, has had a rough start this year. The women’s retailer filed for Chapter 11 bankruptcy recently in the United States Bankruptcy Court for the District of Delaware. The company has been struggling for the past year financially. In November, The Limited revealed that it...

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Management|ANALYSIS

Doubled investment won’t save The Limited’s stores from closure

The Limited Stores LLC owner, Sun Capital Partners Inc, disclosed earlier in January on Friday it has almost doubled its investment in the struggling U.S. womenswear chain. However, the retailer will go ahead with its recently announced plans to shut all of its 250 The Limited stores. As reported by Reuters, Sun Capital Partners told investors...

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Business

The Limited may be first to file bankruptcy in 2017

American clothing company The Limited may be headed towards financial turmoil soon. The apparel retailer has been speculated to file for bankruptcy in the upcoming year. The chain, which currently has over 240 operating stores, has dealt with declining business for the past couple of years. Since the company was bought by private-equity firm Sun...

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Management

The Limited reduces HQ's staff amidst rumours of a sale

Womenswear chain The Limited started reducing its headquarters’ staff on Tuesday, getting the industry talking about a likely sale of the business. The company, founded in the early 1960s, might shut down its corporate offices in New Albany entirely amid a slump in sales and debt pressures. Earlier this month, the women's fashion retailer...

Trends

TV show Scandal launching fashion line

Actress Kerry Washington is teaming up with costume designer Lyn Paolo, in partnership with Elliot Staples, head of design from US retailer The Limited, to create a fashion line inspired by her hit American TV drama, Scandal. Commenting on the collection, Washington said: "By creating a line inspired by the show, we are introducing a collection...