We are in the movie "The Collapse".

1- Victoria's Secret has declared bankruptcy.

2- Zara closed 1,200 stores.

3- La Chapelle withdrew 4391 stores.

4- Chanel is no longer manufactured.

5- Hermes will no longer be continued.

6- Patek Philippe has stopped production.

7- Rolex has stopped production.

8– The luxury industry of the world has collapsed.

9 - Nike has a total of $23 billion to prepare for the second phase of layoffs.

10– Gold's gym filed for bankruptcy.

11 – The AirBnb founder said that 12 years of effort was wiped out in 6 weeks due to the pandemic.

12– Even Starbucks announced it would permanently close its 400 stores.

13– WeWork isn't in a good position either.

14- Nissan Motor Co. could close in the US.

15– The largest car rental company (Hertz) filed for bankruptcy – it also owns Thrifty and Dollar.

16– The largest trucking company (Comcar) filed for bankruptcy – it has 4000 trucks.

17- Oldest retail company (JC Penny) fi