Latest news with #HollyEtlin
Bloomberg
17-04-2025
- Business
- Bloomberg
Stressed Consumer Firms Need Tight Inventory, AlixPartners Says
Distressed retailers and consumer-products firms are having a tough time finding ways to generate liquidity as tariffs threaten their balance sheets, according to restructuring veteran Holly Etlin. 'It's all about cost reduction' for retailers right now, Etlin — a managing director at AlixPartners who in recent years served as chief restructuring officer for Bed Bath & Beyond Inc. and Tailored Brands Inc. — said on Bloomberg Intelligence's Credit Edge podcast. 'It's about making sure you're as diversified as you can be.'
Bloomberg
17-04-2025
- Business
- Bloomberg
Trade War Is Driving Retailers Nuts, Says Alix's Etlin
Tariff chaos has tossed retailers into a crisis similar to Covid in 2020, leaving them unable to plan ahead, according to AlixPartners, the financial advisory and global consulting firm. 'It's a little crazy and retailers are canceling orders,' Holly Etlin, a partner at the firm and restructuring veteran, tells Bloomberg News' Reshmi Basu and Bloomberg Intelligence's Stephen Flynn in the latest Credit Edge podcast. There's a 'real crisis, everybody going nuts,' she added, referring to pricing, inventory and shipping decisions that retailers are trying to make. Etlin also discusses the impact of elevated bankruptcy costs, the outlook for more coercive liability management exercises, how retailers are using asset-based loans as a lifeline and the turnaround of Tailored Brands.
