Thought I'd start on thread on various industry happenings for thoughts on how the industry may be affected at large from Covid. Below is a set of data for your assessment of the whole (feel free to send me any updates for addendum)
Filed for Bankruptcy
-Neiman Marcus (Bergdorf Goodman, MyTheresa)
-John Vavatos
-Aldo
-J. Crew
-Bldwn
-True Religion
-Forever 21 (2019)
-Barneys (2019)
-Black Frame PR (closing)
-Siren PR (closing after 20 years)
Considering Bankruptcy
-J.C. Penney
-Lord & Taylor
-Ascena Retail Group (Lane Bryant, Justice, Brooks Brothers, Loft, and Ann Taylor)
-GNC Holdings
-Sears
-Gap Inc.
Permanent Store Closings
-Macy's | 125
-Nordstrom | 16
-Express | up to 66
-Christopher & Banks | up to 40
-New York & Co. | up to 27
-Chico's | up to 250
-Destination Maternity | 183
Layoffs
-Condé Nast | 100 layoffs, 100 furloughs
-Grailed | over 13 employees
-Highsnobiety | 51, roughly 25% of staff, mostly new hires for their retail venture which obviously is not the best time to launch
-StockX | 100 layoffs
-TheRealReal | 235 layoffs
-Everlane | 227 layoffs
-Rent the Runway | All retail staff
-Canada Goose | 125 layoffs
-Clarks | will cut* (900 jobs)
Fashion Week
-London | will have a variety of digital offerings
-Paris & Milan | reports say that they will have live streamed shows
Filed for Bankruptcy
-Neiman Marcus (Bergdorf Goodman, MyTheresa)
-John Vavatos
-Aldo
-J. Crew
-Bldwn
-True Religion
-Forever 21 (2019)
-Barneys (2019)
-Black Frame PR (closing)
-Siren PR (closing after 20 years)
Considering Bankruptcy
-J.C. Penney
-Lord & Taylor
-Ascena Retail Group (Lane Bryant, Justice, Brooks Brothers, Loft, and Ann Taylor)
-GNC Holdings
-Sears
-Gap Inc.
Permanent Store Closings
-Macy's | 125
-Nordstrom | 16
-Express | up to 66
-Christopher & Banks | up to 40
-New York & Co. | up to 27
-Chico's | up to 250
-Destination Maternity | 183
Layoffs
-Condé Nast | 100 layoffs, 100 furloughs
-Grailed | over 13 employees
-Highsnobiety | 51, roughly 25% of staff, mostly new hires for their retail venture which obviously is not the best time to launch
-StockX | 100 layoffs
-TheRealReal | 235 layoffs
-Everlane | 227 layoffs
-Rent the Runway | All retail staff
-Canada Goose | 125 layoffs
-Clarks | will cut* (900 jobs)
Fashion Week
-London | will have a variety of digital offerings
-Paris & Milan | reports say that they will have live streamed shows
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