The rise and fall of Express

Clothing retailer, Express, distinguished itself during the early 2000s as a shopping mall favorite of young professionals. By 2012, it crossed $2 billion in annual sales. But things started to go downhill in the years after well-regarded CEO Michael Weiss left the company in 2015. Express filed for bankruptcy in April. In June, a group of investors by the name of Pheonix bought the once-highflying retailer. Watch the video above to learn more.