No Business Is Safe When It Comes To Bankruptcy

Published on 04/13/2020
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Diesel USA

Diesel USA applied for a bankruptcy filing on 5 March 2019. The records in the bankruptcy court indicated that a “general downturn in the brick and mortar retail industry” caused the drop in wholesale orders. Neither did slow sales, high lease, nor cases of fraud and robbery aid. They said that they wanted to move to “small footprint” areas. The launch of a pop-up shop in Miami and new businesses in strategic locations had many approaches.                             

Diesel

Diesel

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Imerys Talc America Inc.

The company that supplies Johnson & Johnson with talc powder is Imerys Talc America Inc. It seems as if it will not be on the list of ingredients soon. Imerys Talc America Inc. filed for bankruptcy in February 2019 in partnership with the companies of Canada and Vermont. Its deterioration happened after over 14,000 allegations had been dealt within the US. Many women seem to blame their talc powder developing ovarian cancer and mesothelioma.  

Imerys

Imerys

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