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The Fashion and Management Missteps That Left Express Clinging to Solvency

The Fashion and Management Missteps That Left Express Clinging to Solvency
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

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The Fashion and Management Missteps That Left Express Clinging to Solvency

The Fashion and Management Missteps That Left Express Clinging to Solvency
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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The Fashion and Management Missteps That Left Express Clinging to Solvency

(Bloomberg) -- Fashion retailer Express Inc. is rapidly running out of cash and time.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketStaggering under nearly $300 million of debt, the company for weeks has been in talks with creditor

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What's next for Destination XL after last year's calamity in menswear?


What's next for Destination XL after last year's calamity in menswear?
The big-and-tall specialist's sales shrank by nearly a third in 2020 as offices went dark and events were nixed. Executives discuss how they navigated the turmoil.
Published May 4, 2021
Daphne Howland/Retail Dive
By the first week of February 2020, warning lights were flashing for executives of big-and-tall apparel seller Destination XL Group. CEO Harvey Kanter had seen the effects of the SARS outbreak in Southeast Asia and other countries nearly two decades ago. As a new coronavirus outbreak began last year, Kanter could see signals of a major event building as he spoke with overseas business contacts. 

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