Abercrombie & Fitch
The four most prominent flagship shops of Abercrombie & Fitch will close at the end of January 2021. The limitations were scheduled to be enforced largely in London, Paris, Munich, and Dusseldorf, Germany, before the COVID-19 pandemic. Furthermore, three significant stores in Brussels, Madrid, and Fukuoka, Japan, will close this year when their leases expire.
Abercrombie & Fitch
Nine West
Nine West wants to restructure its debts by selling off parts of the company and applying for Chapter 11 bankruptcy protection. Everything happened as a result of the company’s $1.5 billion in debt. As a result, the shoe retailer decided to terminate its Easy Spirit brand and close all but 25 of its stores. In addition, the business plans to focus its efforts on jewelry and apparel brands such as Anne Klein, One Jeanswear Group, and Kasper Grouper.
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