08/04/2022
Shocking Stats from Around the World!!
If your company is still operating, be very grateful!
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. Prada closed 127 stores worldwide.
14. Domino’s Pizza closed 553 stores worldwide, announcing a $833 million dollar loss.
15. Anglo American - South Africa retrenched over 1800 staff members.
16. Harrods - London lost over £1 billion in 90 days.
17. Flight Centre closes 117 branches in Africa.
18. Pentravel closes 32 branches in South Africa.
19. Worldwide there is a job loss of over 900 million jobs.
20. Africa will suffer the most. Unfortunately, the worst is yet to come for the forgotten continent.
Under the weight of the new crown pandemic, many giants are facing the crisis of failure. Five months of pandemic created a LOT of debt, and tens of thousands of companies went bankrupt, so the company was seriously replaced.
*If your company is still there, and there are no major pay cuts or layoffs, please treat your company well.* _Because they are carrying all the tests that you can't see._ And humans are facing the pandemic that cannot be controlled. The second half of 2020, is the challenge of corporate strength.
So try to invest in smaller businesses because whenever crisis happens, the first to collapse will be those big companies and brands.
2020 is about survival but those who can exploit it,_
*Will manage to achieve unparalleled heights this year too!