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Sep 18, 2022 • 9 tweets • 2 min read
Record Bankruptcy in US*
1. Victoria's Secret declared bankruptcy. 2. Zara closed 1,200 stores. 3. La Chapelle withdrew 4391 stores. 4. Chanel is discontinued. 5. Hermes is discontinued. 6. Patek Philippe discontinued production. 7. Rolex discontinued production.
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8. The world's luxury industry has crumpled. 9. Nike has a total of $23 billion US dollars preparing for the second stage of layoffs. 10. Gold's gym filed for bankruptcy 11. The founder of AirBnb said that because of pandemic, 12 years of efforts were destroyed in 6 weeks.