The Claws are Starting to Come Out
More or less the gist of this letter from Birkenstock Americas CEO, David Kahan. We're sure many a bankrupt retailer shares in his sentiments about the purportedly shady shenanigans practiced by the behemoth e-retailer. Speaking of distressed retail, Aerosoles Group, the NJ-based women's shoe retailer with 80 US-based locations is reportedly exploring strategic alternatives. Per Reuters,Piper Jaffray Companies ($PJC) and Berkeley Research Group have been hired to help the company assess its options.