Italian leather goods brand Furla plans to reorganize operations in the US by closing stores at Roosevelt Field Mall, Aventura Mall, Copley Place Mall and Houston. The new plan will allow Fulra to emerge from its Chapter 11 bankruptcy process rapidly. Known for handbags, the brand currently operates 14 stores and outlets. As per recent reports, the company has stabilized operations in the US and achieved almost all of its internal objectives.
Founded in Bologna in 1927, Furla is currently negotiating with the owners of its other US stores and will announce which of its remaining locations in the country will stay open by the end of January 2021. The brands’ products are distributed through 500 monobrand stores around the world. It is confident its American subsidiary will emerge from the pandemic stronger than ever and return to growth in early February 2021.
