Diesel USA
Diesel US applied for Chapter 11 on March 5, 2019. In the court documents, the company said that “general downturn in the brick-and-mortar retail industry” led to lower wholesale orders. It also suffered from high leases, low net sales, even fraud, and theft. Diesel reportedly wanted locations “with a smaller footprint” and a restructuring. Let us hope things turn around for the clothing line!
Diesel
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