50 Companies At Risk Of Bankruptcy In 2019

Published on 10/15/2019
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FullBeauty Brands Holdings Corp

FullBeauty is the owner of brands for plus-size men and women like Woman Within, fullbeauty.com, Jessica London, ellos, Roaman’s, Brylane Home, and KingSize. This retailer also blames the e-commerce giant Amazon for its declining sales. This reason is not surprising as many retailers have given the same reason for their financial problems. Apax Partners, owner of FullBeaty, included this reason in their message to their lenders in 2017.

FullBeauty

FullBeauty

The company reported to its lenders that its revenue dropped 30 percent in the first quarter of 2017’s fiscal year. FullBeauty had major changes in its executive team in July 2018, bringing on board Bob Riesbeck as its CFO, Liz White as the chief customer officer, and Robert Lepere as the chief people officer. In their press release, the new executives promised to lead the company into more progress.

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Eddie Bauer

This outdoor company had some problems with debt. In 2017, Golden State Capital, this Bellevue-based company’s owners, was thinking of selling the company to solve their financial problems. In the same year, their credit ranking was downgraded by S&P Global. This challenge, however, is nothing new to the company as it did come back from bankruptcy in 2009.

Eddie Bauer

Eddie Bauer

Golden State Capital saved it from bankruptcy when they bought it in 2009. According to Nasdaq, the brand has had difficulties in keeping up with the trends. However, according to the stock exchange, it’s not really worried about Eddie Bauer anymore as the outdoor retailer is considering a merger with the California-based Pacific Sunwear. We wonder if Bluestem Brands would consider a merger…

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