Famous accessories brand Furla has filed for bankruptcy in a New York court. According to the brand, the company’s bankruptcy filing applies only to the American market.
The reason for it is the fall in demand and bankruptcy due to the COVID-19 pandemic. Although representatives of Furla are confident that after the pandemic, user demand for products will increase again, the inability to predict the period of the current situation forced the brand to file for bankruptcy.
Meanwhile, other companies are not afraid to close deals. You can read about the recent merger between Supreme and VF Corporation here.