The Weinstein Company
There’s no reason you hadn’t been aware of the #MeToo campaign, which launched in October 2017 following allegations against Harvey Weinstein. People like Ashley Judd, Rose McGowan, and many more have suspected him of sexual assault. In March 2018, the Weinstein Company filed for insolvency. It was acquired by the private equity company Lantern Capital Partners, based in Dallas, two months later. The New York Times estimates that the settlement was $310 million, and the loan calculation $115 million. Although the organization had not previously wandered across Hollywood, there is always a first time!
Weinstein
Macy’s
Typically, it is after the holiday season that Macy’s announces the store closings. But they confirmed that a majority of the companies would be closing this year. In 2018, 12 places were shut down, and more than four locations closed for good in 2019. While Macy is usually still making a lot of money, she has to be careful where she spends. As a result, they continue to shut down shops that don’t give them enough money.
Macy’s
