By Shai Genish On Thursday, December 29th, 2016

GAP Closing Down in Israel

  Israeli largest retail franchise group Trimera Brands has announced that it plans to close down the GAP retail chain in Israel during 2017. The group owned by Joey Schwebel (about 50%) with retail operations More...

By Shai Genish On Wednesday, December 21st, 2016

Sir Philip Green Would Face a £1 Billion Bill for the BHS Pension Scandal

The Pensions watchdog should get ‘nuclear deterrent’ powers that would let it fine billionaire Topshop owner Sir Philip Green £1 billion, MPs say, according to British media. A cross-party Commons More...

American Apparel lay offs
By Gil Tanenbaum On Tuesday, November 15th, 2016

American Apparel Files for Bankruptcy — Again!

  American Apparel, the clothing company founded by Dov Charney, is in bankruptcy for a second time in less than a year. The company filed for chapter 11 bankruptcy protection on Monday. The company reported More...

American Apparel lay offs
By Gil Tanenbaum On Thursday, November 3rd, 2016

Dov Charney’s American Apparel Sinking Fast

American Apparel, the clothing company founded by Dov Charney, may be headed into bankruptcy — again. This just nine months after getting out of bankruptcy. Its stock is selling at all of $0.11 as of More...

By Aviv Levy On Tuesday, August 16th, 2016

Three Years After Launching Alexandra Lebenthal Closes Wealth Management Unit

 The boutique investment bank, Lebenthal Holdings, has closed its wealth management unit , Lebenthal Wealth Advisors, 2½-years after launching it, InvestmentNews writes. Lebenthal, well known for More...

By Shai Genish On Thursday, August 4th, 2016

British Retailer BHS to Close Its Doors for Good

  All BHS Stores are due to officially close their doors by the end of the month. The last stores will cease trading by Saturday August 20. Former BHS boss Sir Philip Green bought the chain in 2000 with the More...

By News Brief On Sunday, June 26th, 2016
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As BHS Sinks, Tina Green Tours Her New £100 Million Yacht

  Four years took to build this £100 million yacht to Lady Tina Green’s specifications, which likely make BHS workers anger. After all they are who risk losing their jobs and pensions and may wonder why More...

By News Brief On Wednesday, June 15th, 2016

BHS COLLAPSE: Sir Philip Green Finally Says Sorry Over BHS Demise and Admits Pensions Disaster Is His Fault

Sir Philip Green today finally issued a reluctant apology for BHS’ collapse and accepted the blame for company’s pensions black hole. The former owner claimed to have not been “involved in any shape or form” More...

By Jewish Business News On Wednesday, April 20th, 2016

Israeli Police Investigate Suspected $65 Million Diamond Fraud

Israel Police are investigating serious allegations of a $60-65 million cash and diamond theft at the Ramat Gan Diamond Exchange, which could cause the bankruptcy of dozen diamond companies. A well-known diamond More...

By Jewish Business News On Thursday, January 28th, 2016

HeartWare Cancels $860 Million Valtech Cardio Acquisition

  HeartWare is canceling its $860 million acquisition of Israeli company Valtech Cardio, announced by the companies in September 2015. The US company stated, “HeartWare finds itself in a different More...


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