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Will Francesca’s Fall Into Bankruptcy Court’s Clutches?

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.

Francesca’s is the latest fashion retailer whose financials are faltering. The Houston-based women’s specialty chain skipped out on rent obligations in April but will resume payments, including deferred amounts, next month, compounding liquidity concerns that could spell a bankruptcy filing in the not-so-distant future. In a regulatory filing Tuesday with the Securities and Exchange Commission,…

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