LIQUIDITY ALARM FOR FASHION STORES – IL SOLE 24 ORE

Zero income, high fixed costs: postponement of taxes, rents and contributions is necessary

When we had to close the shops on March 12, the sales had just ended and the spring-summer collections were on display, already all bought and paid for. But most of which will not be sold – explains Francesco Tombolini, president of the Chamber of Buyers, which brings together the main Italian fashion multi-brands -. We were all veterans from the Milan and Paris fashion weeks, where we purchased the collections for next autumn-winter. In other words: we only incurred exits, against zero or almost incomes. And we must continue to pay the fixed costs and of course take care of our employees as far as possible“.

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