TPG Capital Archives - Inside Retail Asia

J Crew enters bankruptcy, weighed down by US$2 billion of debt

US fashion retailing icon J Crew has collapsed under the weight of US$2 billion of debt and with all of its 492 stores closed due to the Covid-19 epidemic.

E-commerce and the rate of UK and US store closings

Last year was another marked by rising numbers of retail store closings.

Poundworld on the brink of collapse

UK discount retailer Poundworld is on the brink of collapse.

Poundworld on the brink of collapse

UK discount retailer Poundworld is on the brink of collapse.

Final bids in for McDonald’s China business

Final bids are in from at least three groups bidding for the McDonald’s China and Hong Kong business.

New contenders for McDonald’s China and Hong Kong

Carlyle Group and TPG Capital are in joint bids for the McDonald’s China and Hong Kong franchise licences.

Bidding disappoints McDonald’s Corporation

McDonald’s Corporation says it is struggling to attract the calibre of bidders it wants for its China/Hong Kong franchise.

Li Ning skips out of the red

Thanks to a health boom on the mainland, Chinese sportswear brand Li Ning has skipped out of the red to turn a modest profit after three years of losses.

Fast Retailing eyes J.Crew

Japanese giant Fast Retailing is in talks to buy US retailer J.Crew. Run by CEO Mickey Drexler, J.Crew is a multi-channel retailer of women’s, men’s and children’s apparel, shoes and accessories. The company operates 330 retail stores, including 257 J.Crew retail stores, eight crewcuts stores and 65 Madewell stores. The acquisition could value J.Crew, owned by TPG Capital and Leonard Green & Partners LP, at as much as $5 billion. The plan would speed up Fast Retailing’s goal to beco…