Retail Woes: A Running List of Fashion & Retail Bankruptcies
The Fashion Law
JUNE 10, 2021
” Furla’s “goods are luxury products, they generally are seen as discretionary purchases, and consumer discretionary purchases have decreased due to sudden economic decline post-Covid-19,” Elena Moncigoli, CEO of Furla USA, said in a court declaration. That loan must be approved by the judge in the case.
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