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Report: Fragrance retailer exploring options
Declining mall traffic is taking a toll on Perfumania. Perfumania Holdings Inc. has hired advisers to explore strategic alternatives, including a debt restructuring, Reuters reported. It also plans to negotiate with landlords to exit some of its 313 Perfumania stores. The company recorded debt of approximately $164 million on Oct. 29 and $2.1 million in cash and cash equivalents, the report said. -
Report: Apparel company makes a play for bankrupt specialty retailer
A new company is interested in The Limited. Sunrise Brands LLC has bid for the bankrupt apparel retailer’s e-commerce business and intellectual property, a move that challenges a $26.3 million offer from private equity firm Sycamore Partners, Reuters said.

