The Weinstein Company
When sexual misconduct allegations came out against Harvey Weinstein, his company suffered. In October 2017, the film executive was accused by many women in Hollywood. The Weinstein Company finally filed for bankruptcy in March 2018. Two months later, it was acquired by a Dallas-based private-equity firm called Lantern Capital Partners. The New York Times said that it paid $310 million and assumed $115 million of its debt. This would be the first time the firm dabbled in Hollywood as its portfolio was primarily limited to auto dealerships and a zinc recycling company.
Chico’s
This fashion retailer, which focuses on high line clothing, accessories, and female intimates, satisfies the fashion trends of women in their 30’s and up. It was founded in 1983 by a couple, and the store grew rapidly to over 1,400 stores around the U.S. and Canada. It also operates other stores like Soma and White House Black Market. Today, the store is reaching its end, and soon will close nearly 250 stores around the U.S.