Handbag maker Lambertson Truex has filed for chapter 11 bankruptcy, citing reduced demand. A company executive said high-end spending had slowed, leading to a cash crunch. Lambertson Truex has closed two retail stores, while parent company Samsonite has kept its New York location. Lambertson Truex handbags can cost up to $18,000.
Lambertson Truex bankrupt
Categories:
0 TrackBacks
Listed below are links to blogs that reference this entry: Lambertson Truex bankrupt.
TrackBack URL for this entry: http://www.netwert.com/mt/mt-tb.cgi/644
Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
About this Entry
This page contains a single entry by David Wertheimer published on March 6, 2009 10:27 AM.
Ann Taylor store closings was the previous entry in this blog.
Dollar stores benefiting is the next entry in this blog.
Find recent content on the main index or look in the archives to find all content.
Blogroll
Categories
- accessories (5)
- acquisition (17)
- airlines (3)
- announcements (11)
- apparel (70)
- arts (4)
- automotive (17)
- babies and children (1)
- banking (2)
- books (4)
- chapter 11 (107)
- chapter 7 (16)
- construction (4)
- consumer products (28)
- convenience stores (1)
- cosmetics and beauty (4)
- department stores (20)
- electronics (23)
- entertainment (13)
- exclusive (1)
- expansion (9)
- fitness (2)
- food (21)
- furniture and home (40)
- general (12)
- international (3)
- jewelry (19)
- liquidation (13)
- liquor (1)
- manufacturing (11)
- media (1)
- mom-and-pop (19)
- pharmacy and drug (4)
- regional stores (33)
- restaurants (15)
- restructuring and resizing (16)
- rumors (3)
- services (4)
- sports (11)
- store closings (101)
- store openings (2)
- technology and infrastructure (2)
- toys and gifts (8)
- travel (2)
- trends (31)
- updates (34)
- websites (4)
Leave a comment