clothing

Fresno clothing retailer is closing some stores, filing for bankruptcy due to COVID-19

The coronavirus pandemic has caused Patrick James, the Fresno-based men’s clothing retailer, to file for bankruptcy with plans to close stores.

Loading...

Load Error

The company has sold upscale men’s clothing – like Tommy Bahama and its own line of shirts and jackets – since 1962.

It has 11 stores in California, Nevada and Arizona, plus a temporary pop-up store in River Park near Ruth’s Chris Steak House through the end of the month.

The company announced last week that it filed for Chapter 11 bankruptcy. It’s a reorganization, not a liquidation.

Patrick James has more than $7 million in debt, and its bankruptcy was filed under a special designation for small businesses during the coronavirus pandemic.

The business was doing “extremely well” before COVID-19 hit, according to Patrick James’ bankruptcy attorney, Hagop Bedoyan of McCormick, Barstow, Sheppard, Wayte & Carruth.

“With the pandemic and closing of doors as mandated by

Read More Read more
shopping

Bambuser enters a proof of concept agreement with a world-leading home furnishing retailer for Live Video Shopping

STOCKHOLM, Oct. 5, 2020/PRNewswire/ — Bambuser AB has entered into a `proof of concept’ agreement worth SEK 1.12 million with a world-leading home furnishing retailer. The agreement concerns Live Video Shopping in three markets during the proof of concept phase, which lasts for a total of three months starting October 2020.

Bambuser AB has signed a `proof of concept’ agreement for Live Video Shopping with one of the world’s largest and most established home furnishing retail companies. The agreement gives the customer the right to use Live Video Shopping at a fixed cost of SEK 1.12 million in three of their markets during three months.

This is information that Bambuser AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact persons set out above, on October 5, 2020.

Contact information

Read More Read more
clothing

Clothing Retailer H&M Told to Wear $41 Million GDPR Fine

Breach Notification
,
General Data Protection Regulation (GDPR)
,
Governance & Risk Management

Employee Surveillance Violations Trigger Germany’s Biggest Privacy Fine to Date

H&M store in Stockholm (Photo: Robert Lindholm, H&M)

Privacy regulators in Germany have slammed the world’s second-largest clothing retailer, H&M, with a €35.2 million ($41.4 million) fine for violating EU privacy laws.

See Also: Live Webinar | App Defined, Autonomous and Delivered from the Cloud


The fine, issued by the Hamburg Data Protection Authority – aka HmbBfDI – under the EU’s General Data Protection Regulation, represents the largest privacy fine to have ever been issued by a German regulator, and centers on illegal workplace surveillance at a service center in Nuremberg.


Stockholm-based Hennes & Mauritz AB – better known as H&M – operates 5,000 stores across 74 countries and employs 126,000 people.

Read More Read more
fashion

Fashion Retailer H&M With 35 FL Locations To Close 250 Stores

FLORIDA — H&M, a low-cost fashion retailer based in Sweden with a heavy mall presence in Florida, said it plans to close up to 250 stores next year because of decreased foot traffic amid the coronavirus pandemic.

The announcement by parent company H&M Group came in an earnings summary released Thursday.

In September alone, sales decreased by 5 percent. H&M currently has 166 stores, or about 3 percent of its total number of stores, still closed. At the peak of the pandemic, about 80 percent of H&M’s 5,000 stores worldwide were closed.

Many stores that are open still have local restrictions and limited opening hours, officials said. For example, some mall stores in Florida have shorter hours than they did before the pandemic. More customers are shopping online, the report notes.

Even before boutiques and malls were shut down by the coronavirus outbreak, traditional brick-and-mortar establishments were losing revenue and

Read More Read more
fashion

Fashion Retailer H&M With 22 NoVA, DC Sites To Close 250 Stores

VIRGINIA — H&M, a low-cost fashion retailer based in Sweden with stores in many northern Virginia malls and the District of Columbia, said it plans to close up to 250 stores next year because of decreased foot traffic amid the coronavirus pandemic.

The announcement by parent company H&M Group came in an earnings summary released Thursday.

In September alone, sales decreased by 5 percent. H&M currently has 166 stores, or about 3 percent of its total number of stores, still closed. At the peak of the pandemic, about 80 percent of H&M’s 5,000 stores worldwide were closed.

Many stores that are open still have local restrictions and limited opening hours, officials said. For example, many mall stores in Virginia do not open until 11 a.m. and close an hour or more earlier than they did before the pandemic. More customers are shopping online, the report notes.

Even before boutiques and

Read More Read more
fashion

Fashion Retailer H&M With 16 GA Locations To Close 250 Stores

GEORGIA — H&M, a low-cost fashion retailer based in Sweden with a heavy mall presence in Georgia, said it plans to close up to 250 stores next year because of decreased foot traffic amid the coronavirus pandemic.

The announcement by parent company H&M Group came in an earnings summary released Thursday.

In September alone, sales decreased by 5 percent. H&M currently has 166 stores, or about 3 percent of its total number of stores, still closed. At the peak of the pandemic, about 80 percent of H&M’s 5,000 stores worldwide were closed.

Many stores that are open still have local restrictions and limited opening hours, officials said. For example, many mall stores in Georgia do not open until 11 a.m. and close an hour or more earlier than they did before the pandemic. More customers are shopping online, the report notes.

Even before boutiques and malls were shut down by

Read More Read more
fashion

Fashion Retailer H&M With 16 MD Locations To Close 250 Stores

MARYLAND — H&M, a low-cost fashion retailer based in Sweden with a heavy mall presence in Maryland, said it plans to close up to 250 stores next year because of decreased foot traffic amid the coronavirus pandemic.

The announcement by parent company H&M Group came in an earnings summary released Thursday.

In September alone, sales decreased by 5 percent. H&M currently has 166 stores, or about 3 percent of its total number of stores, still closed. At the peak of the pandemic, about 80 percent of H&M’s 5,000 stores worldwide were closed.

Many stores that are open still have local restrictions and limited opening hours, officials said. For example, many mall stores in Maryland do not open until 11 a.m. and close an hour or more earlier than they did before the pandemic. More customers are shopping online, the report notes.

Even before boutiques and malls were shut down by

Read More Read more
fashion

Fashion Retailer Privacy Fine Points The Way For Pandemic Worker Monitoring And Profiling

Yesterday’s landmark €35M data privacy fine imposed on fashion retailer H&M by the Hamburg Data Protection Commissioner might be dismissed as an anomaly based on very unusual facts, but there are hidden lessons here for all organisations operating in Europe that have implemented new employee monitoring and profiling systems as part of their response to the Pandemic.

Back to work interviews

According to the findings of the German regulator, H&M runs a service centre in Nuremberg where, since 2014, its employees have been required to take part in back to work interviews following holidays and periods of sick leave. During these interviews notes were taken, gathering broad information about private and family lives. In cases of holiday leave notes

Read More Read more
fashion

Sezzle Partners with Leading Fashion Retailer UNTUCKit

MINNEAPOLIS, Oct. 1, 2020 /PRNewswire/ — Sezzle Inc. (ASX:SZL) (Sezzle or Company) // Purpose-driven payments solution Sezzle announced today that it has partnered with the retail pioneer, UNTUCKit, one of the fastest-growing retail brands in North America, to provide affordable, quality, untucked shirts to Sezzle’s 3 million users. Sezzle is pleased to be chosen as the preferred Buy Now, Pay Later (BNPL) option for UNTUCKit as the holiday shopping season commences.

“We are thrilled to welcome UNTUCKit to the growing Sezzle family. With a shared dedication to shoppers and an innovative approach to retail, our teams have already created a strong relationship that will serve our shoppers well. We look forward to offering Sezzle users another well-known, quality fashion and apparel brand — and one they have been asking for,” commented Sezzle President, Paul Paradis.

“We are really excited to be working with Sezzle

Read More Read more
fashion

Why The Fashion Retailer Is Closing 250 Locations

Fashion retailer H&M (HM-B.ST) is looking to close 250 brick-and-mortar stores by 2021 as it sees a consumer shift to online shopping.

H&M said the coronavirus pandemic has sped up the digital shift for consumers, making it necessary for it to accelerate its store closing plan. The company said a net decrease of 50 stores will occur in 2020, with 350 stores to close in 2021. This will create a net decrease of about 250 stores as just over 100 new locations will open in the same year. H&M previously announced it would be closing 170 stores in 2020. 

Based on the impact of the coronavirus, H&M said it renegotiated or exited about a quarter of its rental leases as it looks to improve rental terms at its stores. The company is the first retailer to announce store closures in October and follows location closure announcements by American Eagle, Century

Read More Read more