Calypso St. Barth faces vendor petitions in bankruptcy court

The once-hot resort-wear retailer, Calypso St. Barth, is headed to a decidedly unfashionable destination: bankruptcy court. About a half-dozen vendors on Wednesday filed an involuntary Chapter 7 petition against the private equity-owned chain, claiming the chain hasn't paid some bills in a year -- and that it was stonewalling them when they reached out to...