Video: How private equity is demolishing fashion retail
18 Aug 2020
J. Crew, Neiman Marcus and Barney's are just a few of the fashion retailers that have recently declared bankruptcy. Although, in these companies' cases it cannot only be blamed on a pandemic, bad business practices, or a failure to keep up with e-commerce. That is why CNN Business shared this 3-minute explanation on leveraged buyout's role in these companies' bankruptcies.
Source: CNN Business, via YouTube