Establishing a culture of strong supply chain oversight is vital during a global pandemic, and CreditRiskMonitor can provide you all the tools necessary to be successful in this endeavor.
Tailored Brands, owner of Men's Warehouse and Jos. A. Bank, filed for bankruptcy following the secular headwinds of declining professional attire, only accelerated by the coronavirus and stay-at-home orders.
The downfall of Ascena Retail Group, parent company of Ann Taylor, Lane Bryant and DressBarn, was largely foretold by our FRISK® score prior to the COVID-19 pandemic.
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.
Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.
California Resources Corporation could not stave off bankruptcy in 2020, hit simultaneously by a price war in oil & gas and the worldwide coronavirus pandemic.
South African retailer Steinhoff is battling the fallout from a massive accounting fraud and facing legal claims amounting to more than $10 billion USD. Couple that with the overall industry deline due to coronavirus and bankruptcy could be very near.
¡Ay, Caramba! The coronavirus has grounded Grupo Aeroméxico SAB de CV, but their heavy debt load preceding the pandemic made the Mexican airliner a bankruptcy risk for many years prior.
Chesapeake Energy Corporation is the latest heavily indebted oil and gas business to seek bankruptcy protection since the coronavirus pandemic crippled demand for energy.