Business

 (Reuters) - Express Inc., a fashion retailer, announced on Monday that it has filed for Chapter 11 bankruptcy in the US and plans to liquidate more than 100 locations.


In a petition with the Delaware bankruptcy court, the retailer—whose portfolio includes brands including Express, Bonobos, and UpWest Express—listed assets and liabilities between $1 billion and $10 billion.Bryan's Additionally, the business announced Mark Still as its new CFO, starting right away. Since November 2023, the executive has functioned as the temporary CFO.



The company said on Tuesday that it will close all of its UpWest stores and about 95 Express retail outlets as part of the bankruptcy process. The locations were not disclosed.

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The business runs over 530 Express Factory Outlets and retail locations.

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