LYCRA Company Files Chapter 11, Cuts $1.2 Billion in Debt—Cycling Apparel Supply Uninterrupted
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WILMINGTON, Del. (March 25, 2026) — The LYCRA Company, whose stretch fibers are foundational to modern cycling apparel, has entered a prepackaged Chapter 11 restructuring process designed to eliminate more than $1.2 billion in long-term debt while maintaining uninterrupted operations for brands and riders. The company reached a restructuring support agreement with the overwhelming majority […]
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