Prominent fashion firms, like Brooks Brothers and Neiman Marcus, filed for bankruptcy as a result of the COVID-19 pandemic, which caused considerable disruption in the sector. Early in 2020, LVMH Moët Hennessy Louis Vuitton saw an 84% decline in revenue. The fashion industry had significant challenges during this crisis, as seen by the McKinsey Institute's estimate of a dramatic 90% l... https://www.msnbc.com/know-your-value/how-covid-19-helped-karolina-zmarlak-reclaim-soul-her-fashion-n1253005