Nine West Files For Bankrupcy
Reports claim that Nine West’s debt was in the range of $1.5 billion
The American footwear and apparel company, Nine West Holdings Inc, has filed for bankruptcy and announced their intention to sell the Nine West and Bandolino footwear and handbag business to Authentic Brands Group. Moving forward, the company plans to focus on its apparel, jewellery and denim business. Reports claim that Nine West’s debt was in the range of $1.5 billion.