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Modell’s Last-Ditch Crowdfunding Hail Mary Couldn’t Stave Off Chapter 11

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

If you “gotta go to Mo’s,” you’d better make it quick. Just weeks after the ailing retailer launched a last-gasp effort to crowdsource new investors in hopes of selling a minority stake, Modell’s Sporting Goods filed a voluntary Chapter 11 petition for bankruptcy court protection Wednesday with plans to liquidate the company and close all…

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