February 23rd, 2024

"DAVIE, Fla., Feb. 23, 2024 /PRNewswire/ -- Retailing Enterprises, LLC, an independent operator of Invicta stores in the U.S., is thrilled to announce that on February 12, 2024, US Federal Judge Scott M. Grossman in the Fort Lauderdale, Florida Federal Court confirmed the consensual plan of reorganization proposed by the Company, with all creditors voting unanimously to accept the plan, leading to the Company's successful restructuring. This unanimous voting, which included over 50 creditors, strongly demonstrates the cooperation and collaboration achieved between the Company and its landlords, lessors, and creditors."View PR Newswire Article