Sad Face: Betsey Johnson Files for Chapter 11

The Betsey Johnson LLC brand filed for Chapter 11 bankruptcy on Thursday, which will eventually lead to 400+ employees being discharged and 63 namesake stores placed in liquidation. ¬†Bought years prior by Steve Madden LTD, according to The Wall Street Journal, Madden may keep the New York City locations open, and possible other big city flagships. ¬†In the past year, the revenues of Betsey Johnson … Continue reading Sad Face: Betsey Johnson Files for Chapter 11