A pedestrian walks by a Lucky Brand retail store on July 06, 2020 in Corte Madera, California. Los Angeles based Lucky Brand Dungarees announced that it has filed for Chapter 11 bankruptcy as the company is millions of dollars in debt. The retailer will close 13 of its 200 retail stores.
Justin Sullivan | Getty Images
A team-up of the biggest U.S. mall owner, Simon Property Group, and apparel licensing firm Authentic Brands Group has been tapped by a bankruptcy court as the winning bidder to acquire denim maker Lucky Brand for $140.1 million.
The two — in a