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Express, a multi-brand fashion retailer whose portfolio includes Express, Bonobos, and UpWest, has filed for Chapter 11 bankruptcy and will close more than 100 stores.
Bankrupt Express Inc. has a nonbinding offer from a consortium led by WHP Global that includes Simon Property Group & Brookfield Properties.
The clothing retailer has filed for Chapter 11 bankruptcy protection
A consortium that includes Indianapolis-based Simon Property Group has offered a non-binding letter of intent to potentially purchase the majority of its stores and operations. Four Indiana stores are slated for closure, according to bankruptcy papers.
Fashion retailer Express Inc. is closing its Dartmouth Mall location along with 94 other stores nationally as part of a voluntary bankruptcy filing.