50+ Companies That Are Not American Anymore

Published on 10/01/2021
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L’OCCITANE

L’Occitane was created in 1976 in France and is a well-known supplier of body, face, scent, and home goods. The firm has been selling premium goods to people all around the world for 45 years. Unfortunately, L’Occitane filed for bankruptcy in the United States at the beginning of 2021, with the goal of closing at least 23 of its 166 stores across the country. They claimed that the current global epidemic was to blame for the majority of their losses.

L' OCCITANE

L’ OCCITANE

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YouFit

Youfit Health Clubs was launched in 2008 and has since expanded to over 100 sites in 14 states throughout the United States. Unfortunately, YouFit declared bankruptcy in November 2020, claiming that COVID-19 had caused them significant financial losses. Following that, the firm stated that it had been sold to a consortium of former lenders in exchange for debt forgiveness.

YouFit

YouFit

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