Victoria's Secret bankrupt
Zara shut 1,200 stores
La Chapelle withdrew 4391 stores
Chanel stopped manufacturing
Hermes discontinued
Patek Philippe & Rolex have stopped production
Luxury industry collapsed
Nike has $23 billion to prepare for 2sd round of layoffs
Gold's gym filed for bankruptcy
Starbucks announced 2 close 400 stores
Hertz filed bankruptcy – also owns Thrifty and Dollar
Largest trucking company (Comcar) bankrupt
JC Penny filed bankruptcy bought by Amazon for pennies
Warren Buffet lost $50 billion in the last two months
World's largest investment firm (BlackRock) signals disaster global economy - over $7 trillion under management.
The largest mall in America (Mall of America) has stopped making mortgage payments.
Emirates airline laid off 30% of the workers.
The US Treasury is printing trillions to keep the economy afloat.
# of retail stores to close in 2023 – 12,000 -15,000.
You get the point…
credit: SERENDIPITY 🙏🏽
Zara shut 1,200 stores
La Chapelle withdrew 4391 stores
Chanel stopped manufacturing
Hermes discontinued
Patek Philippe & Rolex have stopped production
Luxury industry collapsed
Nike has $23 billion to prepare for 2sd round of layoffs
Gold's gym filed for bankruptcy
Starbucks announced 2 close 400 stores
Hertz filed bankruptcy – also owns Thrifty and Dollar
Largest trucking company (Comcar) bankrupt
JC Penny filed bankruptcy bought by Amazon for pennies
Warren Buffet lost $50 billion in the last two months
World's largest investment firm (BlackRock) signals disaster global economy - over $7 trillion under management.
The largest mall in America (Mall of America) has stopped making mortgage payments.
Emirates airline laid off 30% of the workers.
The US Treasury is printing trillions to keep the economy afloat.
# of retail stores to close in 2023 – 12,000 -15,000.
You get the point…
credit: SERENDIPITY 🙏🏽