Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Sean John Still on Block as Parent Set to Liquidate

By
Hong Kong-based Global Brands Group Holding will ask a court to approve wind-down plans following a lack of lender support to restructure.
Sean "Diddy" Combs at his Sean John apparel party for the launch of the brand's underwear and loungewear line in Las Vegas, Aug. 27, 2007.
CREDIT: AP Photo/Isaac Brekken

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

View Now

Just two months after petitioning a Bermuda court for a provisional liquidator to retool its business, Global Brands Group Holding (GBGH) Ltd. has decided to wind down operations. In a regulatory filing this week in Hong Kong, GBGH said it had planned on a “holistic restructuring plan” for the group, but despite its best efforts,…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!

© Copyright Sourcing Journal Media, LLC.

ad