Diesel USA
On March 5, 2019, Diesel USA applied for Chapter 11. It said it had lower wholesale orders thanks to a “general downturn in the brick-and-mortar retail industry”. This is in addition to fraud, theft, expensive leases, and lower net sales. It hoped to close some stores and move others to places “with a smaller footprint”.
Diesel
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Imerys Talc America Inc.
Imerys Talc America Inc. is the supplier of talc powder for Johnson & Johnson’s. In February 2019, its Paris, Canada, and Vermont units have applied for bankruptcy. This happened because of its struggle with over 14,000 claims made by women who claimed that the talc caused their ovarian cancer.
Imerys