Abercrombie & Fitch
Abercrombie & Fitch’s four most prominent flagship locations will close by the end of January 2021. Closures will take place primarily in London, Paris, Munich, and Dusseldorf, Germany, and were planned before the COVID-19 outbreak. Three more key stores in Brussels, Madrid, and Fukuoka, Japan, will close this year when their leases expire.
Abercrombie & Fitch
Nine West
Nine West is trying to restructure its debts by selling off parts of the company and filing for Chapter 11 bankruptcy. All of this was made possible by the company’s $1.5 billion debt. All but 25 of the shoe retailer’s stores would close, and the Easy Spirit brand would be phased out. Anne Klein, One Jeanswear Group, and Kasper Grouper are among the jewelry and apparel companies that the company wants to focus on.
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