Diesel USA Inc. – U.S. Subsidiary of Iconic Denim Brand Files Chapter 11, Looks to Close Stores and Reject Expensive Leases to Revive Brand in US

March 5, 2019 − Diesel USA Inc. ("Diesel USA" or the "Company") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10432. The Company, a wholly-owned subsidiary of Italy’s Diesel S.p.A. (the "Parent") and the United States member of the international Diesel brand family of companies,…