Large Retailers Which Have Filed For Bankruptcy
Charlotte Olympia
Charlotte Olympia is the British luxury brand founded by Charlotte Olympia Dellal in 2008. The brand primarily sold footwear and accessories as its founder actually has a degree in the art of making footwear from vocational school. The brand’s first collection launched in 2008 and opened its first store in London in 2008.
Its first US location was opened in New York in 2011, followed by a store on L.A.’s famed Rodeo Drive in 2013. In February 2018, the company filed for Chapter 11 bankruptcy protection in the US due to “disruption” in the retail space. By this time, the company owed $20 million but only had assets amounting to $3.26 million. All 4 of its U.S. stores have since been shuttered.
You must be logged in to post a comment Login