![]() Twitter bought the app in 2012 but shut it down four years later as part of its restructuring efforts. There may be a second act for Vine, the app for seven-second looping videos that gave us Shawn Mendes, Logan Paul and Joanne the Scammer. The investors believed they stood a better chance by reviving the iconic brand rather then selling its assets, which means the Toys“R”Us saga continues. More than $5 billion in debt had caught up to the retailer, forcing it to shut down hundreds of stores and let go more than 30,000 employees in the summer of 2018.Ī few months later, a group of investors called off a bankruptcy auction. divisions in 2017, it assured the public that everything was fine. When the toy store company filed for bankruptcy protection for its Canadian and U.S. Radionomy, a radio aggregator based in Belgium, purchased what remained of the company and announced Winamp would return in 2019 as a mobile app through which users can listen to their music, podcasts and radio stations all in one place. But as more streaming services emerged, Winamp failed to stay relevant, and AOL shut it down in 2013. It became so popular that AOL acquired its parent company, Nullsoft, in 1999. Launched in 1997, Winamp was at one point the go-to MP3 software, offering a customizable appearance celebrating anything from Batman to Britney Spears. Next year will determine whether it can entice Canadians without its provocative branding. Instead of physical stores, the brand will operate as an online-only shop with lower prices, expanded size offerings and more inclusive marketing. The brand recently returned to Canada under the ownership of Gildan Activewear, a Montreal clothing maker. ![]() It’s hard to imagine American Apparel rising from the ashes of shiny leggings and basic T-shirts-but it’s going to try anyway. The fashion label that just won’t die is infamous for suggestive ads and the sexual harassment lawsuits filed against Montreal-born founder, Dov Charney. He wrote in a staff memo: “We won’t recreate Gawker exactly as it was, but we will build upon Gawker’s legacy and triumphs-and learn from its missteps.” American Apparel The site is now owned by Bryan Goldberg, founder of Bustle Digital Group. Two years later, reports surfaced that Gawker would be back in the first half of 2019. In 2016, the company filed for bankruptcy after losing an expensive court battle with the wrestler. But it was the release of a Hulk Hogan sex tape that ultimately led to Gawker’s demise. It’s the gossip website that exposed the Rob Ford crack video and spent 3,500 words dissecting Donald Trump’s hair. The path to redemption is far more exciting to watch, which is why it’s worth keeping an eye on some big names set for a major comeback in 2019. When a big company fails, it can accept defeat and liquidate-or fight its way back.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |