Abercrombie & Fitch
Abercrombie & Fitch’s four most notable flagship sites will close their doors at the end of January 2021. The restrictions would be imposed primarily in the European capitals of London, Paris, Munich, and Dusseldorf, Germany, and were set in place before COVID-19 broke out. When the leases on three more large locations in Brussels, Madrid, and Fukuoka, Japan expire this year, the total number of stores leaving this year will be nine.
Abercrombie & Fitch
Nine West
Nine West will use Chapter 11 bankruptcy to reorganize its obligations by selling off assets. All of this occurred as a result of the corporation’s $1.5 billion in debt. Because of this, the shoe store’s Easy Spirit line was withdrawn, and the remaining 24 locations were closed, leaving only 25 open. Anne Klein, One Jeanswear Group, and Kasper Grouper are among the jewelry and clothing companies it aims to target.
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