Regent purchased Zuliliy a few months before Pearson OPM. They faced mass layoffs like us right after the sale and are now going through more layoffs and lawsuits due to Regent not paying vendors: https://www.geekwire.com/2023/zulily-hit-with-lawsuits-from-vendors-alleging-unpaid-invoices-in-latest-trouble-for-struggling-retailer/
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Go get a job in private equity and you will learn what they have to gain.
Common theme....what
does Regent get out of running all these companies to the ground? https://www.retaildive.com/news/la-senza-denies-it-is-insolvent-as-supplier-tries-to-force-ch-7/571681/
Same thing with Intermix: https://www.aol.com/intermix-continues-shutter-stores-212341109.html
Nah. Regent will just say it’s Zulilys problem and then declare bankruptcy to get rid of all the debt. A tried and true formula