Diesel USA
Diesel USA filed for bankruptcy on the 5th of March in 2019. The bankruptcy court documents revealed that the decline in wholesale orders happened because of a “general downturn in the brick-and-mortar retail industry.” The slow net sales, high leases, and cases of fraud and theft did not help either. It said that it wanted to relocate to places “with a smaller footprint.” Other methods include the launch of a pop-up shop in Miami and new stores in strategic locations.
Diesel
Imerys Talc America Inc.
Imerys Talc America Inc. is the company that has been supplying talc powder for Johnson & Johnson’s. It seems like it might no longer be on the ingredient list soon. Together with the Canada and Vermont subsidiaries, Imerys Talc America Inc. applied for bankruptcy in February 2019. Its downfall happened after it had to deal with more than 14,00 claims in the United States. Many women blame its talc powder for causing ovarian cancer and mesothelioma.
Imerys
