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- 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 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- Starbucks announced it would permanently close 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) filed for bankruptcy - to be taken over by Amazon for pennies
- 18- The world's largest investor (Warren Buffet) has lost $50 billion in the last two months
- 19- The world's largest investment firm (BlackRock) is signaling disaster for the global economy - over $7 trillion under management.
- 20- The largest mall in America (Mall of America) has stopped making mortgage payments.
- 21- The most prestigious airline (Emirates) laid off 30% of the workers.
- 22- The US Treasury is printing trillions to keep the economy afloat.
- 23- Estimated number of retail stores to close in 2023 – 12,000 to 15,000.
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