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Luxury Shops Hit Especially Hard by the Pandemic, According to Report In Mexico City, it was reported that from April to September, 335 shopping mall stores closed.
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Email January 22, 2021 3 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.
The economic situation generated by the COVID-19 pandemic has caused many companies to suffer great losses of both monetary and human capital. The main affected have been restaurants and tourism. However, there is another industry that unfortunately is not far behind.
According to the 2020 Real Estate Report of Lamundi, a real estate platform that is part of the global group EMPG, in the main commercial corridors of Mexico City (CDMX) such as Masaryk, in the Miguel Hidalgo mayor s office, in December the closure of 32 businesses in luxury including boutiques, wedding dress stores