Abercrombie & Fitch
As of January 2021, this well-known clothing brand closed four of its flagship locations. These closures affected the stores in Paris, Munich, Dusseldorf, and London. In reality, these were already scheduled before the onset of the COVID-19 pandemic. Additionally, Abercrombie & Fitch decided that three more significant stores will close their doors by the end of their leases: Madrid, Fukuoka, and Brussels.
Abercrombie & Fitch
Nine West
In a plan to restructure its old debts, Nine West has been selling off its parts and applied for Chapter 11 bankruptcy protection. We are sure that it is stressful to deal with its debt of $1.5 billion. The shoe retailer also let go of Easy Spirit. There are only 25 locations remaining. The parent company is now trying to prioritize more lucrative brands like Anne Klein, Kasper Grouper, and One Jeanswear Group.
Nine West
