Welcome to The Brink. I’m Giulia Morpurgo in London, where I’m following the impact of tariffs on retailers like Lycra. We also have news on Sunnova’s fight to stay out of bankruptcy, Rite Aid’s plans for its second trip through Chapter 11 and Sunac’s proposed debt-for-equity swap. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net or DM on X to @gmorpurgo.
Plan ‘B’ for Lycra
The escalating trade war between the US and China has come at a bad moment for Lycra, the Delaware-based maker of stretchy sports clothes.
Faced with a steep ...
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