LUXURY RETAIL CHAIN FILES CHAPTER 11 BANKRUPTCY
https://media.zenfs.com/en/thestreet_881/bfe5914f81940f9a89f3e692933ec2ca
✍️ Higher-income Americans have become more cautious on discretionary spending, with luxury spending showing signs of a meaningful pullback.
👉 Higher-income Americans have become more cautious on discretionary spending 👉 Luxury spending has shown signs of a meaningful pullback 👉 Lugano Diamonds & Jewelry has filed for Chapter 11 bankruptcy protection 👉 The company plans to sell its assets 👉 Enhanced Retail Funding will support the sale process
-- #EmilyEssner #JoshGaynor #EliasSabo #business
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