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Francesca’s to Close 140 Stores as Bankruptcy Still on the Table

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Women’s specialty apparel retailer Francesca’s is set to close 140 of its roughly 700 mall-based stores by the end of January. The chain raised the specter of a bankruptcy filing in May when it posted fourth-quarter results, warning that widespread temporary coronavirus store stores weighed heavily on its operations. The Houston-based company had skipped rent…

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