partners-private-equity

Defunct Lynx Air selling off life-jackets, oxygen masks in bid to recoup losses

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Defunct Lynx Air selling off life-jackets, oxygen masks in bid to recoup losses

Lynx Air hopes to sell off everything from life-jackets to oxygen masks as it tries to recoup a portion of the losses it incurred before filing for creditor protection earlier this year. In court filings last week, the defunct discount carrier said it has worked out deals with a pair of aviation companies abroad to … Read more

From cult status to closure fears — what happened to The Body Shop?

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From cult status to closure fears — what happened to The Body Shop?

It’s a store you know by scent. For decades, the sometimes-overwhelming aroma of The Body Shop’s satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple to the culture as the food court. The U.K.-based beauty and cosmetics shop has more than 3,000 retail locations in 70 countries, including 110 standalone … Read more