Why Are SO Many Luxury Stores Going BANKRUPT

It seems there are SO many luxury stores filing for BANKRUPCY right now I wanted to find out what the hell is happening! Here are my findings and thoughts... Watch Next 👉 https://youtu.be/EnlneKZMNpg From Matches Fashion to Farfetch and even Macy's closing multiple stores, is something more sinister in the designer world happening for so many luxury retailers needing to file for bankruptcy, closing stores, and requiring rescue deals? I deep-dive into this topic and find out some very interesting results - information that I wasn't expecting to find. Are these closures due to the luxury market dying right now, or are other things leading to the demise of some huge luxury retailers. 💃 SHOP THE VIDEO 💃 DISCLAIMER - Links in this description are affiliate links. This means I may earn a commission if you click the link and make a purchase at no cost to you (AD). IDYL earrings & necklaces use code HANDBAGHOLIC10 for 10% off everything, shop here: https://bit.ly/idylhandbagholic Similar crystal neck jumper: https://rstyle.me/+RMLN5M0bVMXcupjy_IdsIA Articles referenced in this video: https://www.retailgazette.co.uk/blog/2024/04/retailers-gone-bust/ https://www.retailgazette.co.uk/blog/2024/02/farfetch-winding-up-petition/ https://www.thefashionlaw.com/retail-woes-a-bankruptcy-timeline/ https://www.theindustry.fashion/matches-what-went-wrong-for-the-luxury-retailer-and-what-does-the-future-hold/ Join this channel to get access to perks: https://www.youtube.com/channel/UCln_2Mnqr