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183 Stores to Close in Destination Maternity Bankruptcy

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Destination Maternity on Monday became the latest retailer to file a voluntary Chapter 11 petition for bankruptcy court protection. The retailer of maternity apparel filed its petition in Delaware, listing total assets at just over $260 million and total debts at about $244 million. Rumblings began circulating earlier this month that the Moorestown, N.J.-based company…

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