The namesake business of rock ’n’ roll fashion designer John Varvatos, which had a store located at the former site of the legendary New York punk club CBGB, filed for bankruptcy
with a loan from an affiliate of its private-equity owner, Lion Capital LLP.
John Varvatos Enterprises Inc., which specializes in rock-inspired men’s fashion, has been hit by the coronavirus pandemic along with the rest of the luxury retail sector, and is left with more than $100 million in debts it cannot pay.
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