Jewelry retailer Alex and Ani files for Chapter 11 bankruptcy protection Reuters 1 hr ago
June 10 (Reuters) - Jewelry retailer Alex and Ani filed for Chapter 11 bankruptcy protection, according to a court filing made on Wednesday.
The company s estimated assets ranged from $100 million to $500 million as did its estimated liabilities, according to the filing made in the United States Bankruptcy Court for the District of Delaware.
Mall owners Simon Property Group Inc and Brookfield Property Partners LP are among its largest unsecured creditors with each being owed more than $3 million in rent payments, Bloomberg News reported earlier on Wednesday.
Alex and Ani s products include charm bracelets and necklaces. Founded in 2004 by Carolyn Rafaelian, it has locations in the United States, Aruba and Panama.
Jewellery Retailer Alex and Ani Files for Chapter 11 Bankruptcy businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.
Jeweler Alex and Ani files bankruptcy after rapid expansion bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Tanger Outlets Announces Sandeep Mathrani Elected to its Board of Directors
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GREENSBORO, N.C., June 4, 2021 /PRNewswire/ Tanger Factory Outlet Centers, Inc (NYSE: SKT) announced today that Sandeep Mathrani has been elected to its Board of Directors, effective immediately. Mr. Mathrani is currently the Chief Executive Officer of WeWork Inc. and brings with him more than three decades of professional experience and insight.
(PRNewsfoto/Tanger Factory Outlet Centers, Inc.) I am thrilled to welcome Sandeep to the Tanger Board and look forward to working closely with him as we envision the future of Tanger Outlets, said Stephen Yalof, President and Chief Executive Officer. Mr. Mathrani will further strengthen the talent represented on our Board.