Lessons for Health, Beauty & Wellness Companies: What to do When Your Buyer is in Financial Distress
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A strange confluence of geopolitical events, labor unrest, softening consumer demand, and supply-chain logistical issues could leave lumps of coal in the stockings of lenders this holiday season. The story begins in the Red...more
Share on Twitter Print Share by Email Share Back to top In recent years, viral videos featuring a surprising topic have racked up millions of views on social media. Not videos of a celebrity doing something outrageous, a...more
On August 31, 2023, DEA published a final rule (“Final Rule”) regarding its management of controlled substance and List 1 Chemical (“L1 Chemical”) quotas for DEA-registered manufacturers. The Final Rule largely tracks DEA’s...more
Colorado voters approved Proposition 122, the Natural Medicine Health Act (NMHA), in the 2022 general election. On May 2, 2023, the Colorado Legislature passed SB23-290, the formal implementation bill for Proposition 122....more
They are on the front lines of daily logistics—the unsung heroes behind the scenes in the energy supply chain who get in early, stay late and typically work odd hours scheduling and coordinating daily and monthly product...more
Retail sales increased 8.0% in October, exceeding the CORE CPI of 6.3%; and monthly retail sales were up .9% over September totals, exceeding the monthly inflation index of .4%, but much of this gain was due to inflation...more
A recent survey found that 87% of supply chain professionals plan to invest in resilience in the near future, which is no surprise given the amount of global events which have shocked supply chains recently. Political...more
Dealers continue to struggle with inventory shortages that frustrate sales staff and potential customers. In many cases, potential customers are ready, willing and able to finance a specific vehicle or type of vehicle if it...more
Summer driving season, and the consequential increased fuel demand, have officially begun. After more than two pandemic years and countless canceled vacations, people are anxious to reinstate their summer travel plans. The...more
There are only a handful of things you can count on in life: death, taxes, and hurricanes. This is especially true for those of us living along the Gulf Coast. The National Oceanic and Atmospheric Administration (NOAA)...more
Find out why cash flow and working capital are so critical and why insight is key to building supply chain resiliency. This past year shined a harsh light on the fragility of businesses concerning cash flow and working...more
At this point, it is impossible to escape hearing about or experiencing the supply chain crisis grabbing headlines and impacting businesses – and families – across the globe. This issue has attracted the attention of the...more
Here are five critical components of supply chain planning that need to be taken into consideration in the wake of the Colonial Pipeline outage...more
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key developments - IHS Markit predicts a global production loss of 1.3 million...more
On December 18, 2020, the United States Department of Veterans Affairs (VA) and Department of Defense’s (DoD) Defense Logistics Agency (DLA) expanded the VA’s adoption of the Defense Medical Logistics Standard Support (DMLSS)...more
There can be many impediments to buying a new vehicle. COVID has certainly created a wide variety of barriers to the manufacturing and sale of a new vehicle. Supply chain disruptions and distressed supplies, emergency orders...more
In this short, three-part video series, Greenberg Glusker Partners Andrew Apfelberg and Brian Davidoff discuss important financial considerations for health, beauty and wellness companies in the wake of a pandemic. Part one...more
In many cases where a supplier in the automotive industry is in financial distress, its customer(s) will provide support to the supplier through financial and other accommodations, in order to maintain a continued flow of...more
It is widely known that brands around the world destroy over-ordered under-sold clothing and non-expired cosmetic products (often referred to as dead stock or obsolete inventory), rather than discount the sale price or donate...more
Three months into the outbreak of the Coronavirus (COVID-19) in the United Kingdom, there are clearly many unknowns as businesses seek a return to normality or, at the very least, economic stability. Such uncertainty may...more
At the end of December, China acknowledged the existence of the coronavirus, and this burgeoning heath crisis is becoming a supply chain problem. China, a major manufacturing hub for materials, products and components being...more
Now in its third month, the coronavirus outbreak that began in Wuhan, China, has claimed over 2,000 lives and brought one of the world’s most dynamic economies to a near standstill. ...more
When you think of your supply chain, what do you consider? For a traditional downstream refiner, you may include pipeline, truck, rail and vessel logistics. You may think about where inventory is stored. Do you have a picture...more
Radio Frequency Identification (RFID) might just be the next big thing in retail. RFID, an electronic device, small enough to remain undetected by the average consumer, can be discretely attached to an item and allows...more