Find in the news:
BY COUNTRY

Cirque du Soleil has filed for bankruptcy



To stop the financial losses, the company has already suspended over 3,500 people.
Cirque du Soleil

Canadian company Cirque du Soleil ("Circus of the Sun"), known around the world for its innovative circus performances, has filed for bankruptcy. The main reason for this move is the massive closure of the show due to restrictions imposed in many countries in connection with the Coronavirus pandemic. 

For three months starting March 2020, all shows, including six stationary appearances in Las Vegas and 44 shows on tours around the world, were suspended. Cirque du Soleil faced significant financial difficulties, and the size of its debt forced the company to go bankrupt. Cirque du Soleil's debts are on the order of a billion dollars. 

After filing for bankruptcy proceedings, Cirque du Soleil Entertainment Group intends to restructure its debt with the help of the Canadian government and private investment companies. It is also reported that the company has concluded a supervised deal with its shareholders, including American company TPG Capital and Chinese company Fosun Capital Group. 

So far, according to the deal, the company has already managed to raise about $300 million in funding to ease the situation of the company and possibly reboot its operations. The agreement also includes $15 million in funding to support employees who have been suspended. 

Cirque du Soleil's management intends to undertake a significant restructuring and expects to be able to stabilize the company and resume operations as a result.

More about shopping malls in the USA



Jun 10, 2021, USA:
The National Retail Federation predicts the market will experience the kind of rapid growth "the country hasn't seen since 1984.
Jun 9, 2021, USA:
Several Microsoft experience centers leftover from what was once a large chain of stores will offer more information and the opportunity to buy the company's technology.
Jun 7, 2021, USA:
The billionaire announced that he would fly into space on his own company's ship. The estimated date of flight is July 20th.
Jun 4, 2021, USA:
The three-level retail space in New York City spans about 2,000 square meters.
Jun 4, 2021, USA:
A mall owner has sued Victoria's Secret, saying the company closed the store without paying rent.
Jun 3, 2021, USA:
The company is entering a new market in hopes of recovering from the pandemic.
Friend
and Follow
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us