Cole Haan
Cole Haan is a luxury footwear brand that was on the list of at-risk companies published by USA Today in 2018. It started to change its image by focusing less on dress shoes and more on athletic footwear. Sadly, this backfired. In 2013, Apax Partners bought this brand and did away with the famous comfort tech of Nike. Unfortunately, things have yet to improve for the company.
Claire’s
Claire’s is an accessories store that was established in 1961. It was the favorite store of many young American girls for a long time. The company, however, ceased IPO and applied for Chapter 11 bankruptcy protection in 2018. In May that year, it shuttered more than 130 stores across the country.