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Specific Inc.’s inventory was up 29% on Thursday, however was nonetheless down 38% on the week, amid issues that the troubled clothes retailer could also be near submitting for chapter.
Specific has employed M3 and legislation agency Kirkland & Ellis to advise it on the restructuring of almost $280 million of debt that has turn out to be difficult to cowl amid declining gross sales, the Wall Road Journal reported earlier this week.
The…
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