Apparel retailers have required significant adjustments to handle their financial leverage and operating lease commitments. Brooks Brothers and Tailored Brands, in particular, fell prey to slowing demand for professional business attire, a trend which was accelerated by the coronavirus pandemic.
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Nearly 30 percent of Australia's public companies in our CreditRiskMonitor global directory are at a FRISK® score which indicates an elevated level of bankruptcy risk in 2018. Supply chain professionals must know that even in a strong Australian economy, risk exists in plenty of industries.
Companies have been ramping up efforts in nearshoring their purchased goods from Mexico and Canada while keeping other regions steady. This trend indicates supply chains are focused on dual sourcing and seeking alternative suppliers.
The coronavirus has reignited challenges for Contura Energy, Inc. and for the coal industry in general, with the price of coal dropping towards multi-year lows.
As the world grapples with a new surge of COVID-19 infections, it is worth revisiting Hertz Global Holdings’ bankruptcy and what their tribulation should teach you about other distressed travel names in your portfolio.
The global effort to slow the spread of COVID-19 continues to impact all economic regions and industries. Risk professionals must adapt quickly or risk being sideswiped by the rise in bankruptcies.
CreditRiskMonitor’s FRISK® Stress Index today shows that the retail industry in the United States is experiencing near-record financial stress.
Sentiment data, farmed from leading credit managers who subscribe to our service, is pointing to extreme bankruptcy risk in a growing list of leading oil and gas giants.
The high-profile implosion of China’s largest property developer, China Evergrande Group, with 2.4 trillion RMB in total assets has snapped to the attention of financial risk evaluators worldwide.