💼New Chapter 11 Bankruptcy Filing - Furla (U.S.A.) Inc.💼

Leather goods seller victimized by COVID-19; will shed leases in Subchapter V

Furla (U.S.A.) Inc.

NYC-based Furla (U.S.A.) Inc., the US offshoot of Italian premium leather goods retailer Furla S.p.A., filed a chapter 11 bankruptcy under Subchapter V on Friday citing the pandemic as the primary reason for its demise. The company operates and manages 14 retail and outlet locations in 7 states (58% of ‘19 sales) in addition to wholes…