Distressed brands are often forced to file for bankruptcy protection or enter administration. On the other hand, private equity firms seek to identify and acquire these undervalued assets.

“Why are people still buying ripped jeans?,” the New York Times asked. Ripped jeans, more popularly called “distressed” jeans — “the kind of wear and tear that is artfully, or not so artfully, ...

(Reuters) -Walgreens Boots Alliance is being taken private by Sycamore Partners for $10 billion, bringing to a close the pharmacy chain operator's nearly century-long association with the public ...