Record Bankruptcy in US* 1. Victoria's Secret declared bankruptcy. 2. Zara closed 1,200 stores. 3. La Chapelle withdrew 4391 stores. 4. Chanel is discontinued. 5. Hermes is discontinued. 6. Patek Philippe discontinued production. 7. Rolex discontinued production. 8. The world's luxury industry has crumpled. 9. Nike has a total of $23 billion US dollars preparing for the second stage of layoffs. 10. Gold's gym filed for bankruptcy 11. The founder of AirBnb said that because of pandemic, 12 years of efforts were destroyed in 6 weeks. 12. Even Starbucks also announced to permanently close their 400 stores. 13. WeWork isn't in a great spot either *Nissan Motor Co. may close down in USA.* 1. Biggest Car Rental company (Hertz) filed for bankruptcy - they also own Thrifty and Dollar 2. Biggest Trucking company (Comcar) filed for bankruptcy - they have 4000 trucks 3. Oldest retail company (JC Penny) filed for bankruptcy - to be acquired by Amazon for pennies 4. Biggest investor in the world (Warren Buffet) lost $50B…