Why fashion brands and their landlords are suing each other
Articles & Reports
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Jul 2020
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By Cathaleen Chen for Business of Fashion on 26 June 2020

After months of pandemic-inflicted shutdown, a legal battle over who's responsible for rent was inevitable. The outcome for any of these cases will set a precedence for the whole industry. Many landlords postponed rent collection in April and May during the height of the pandemic in New York, when retailers had virtually no sales coming in. But with mortgage payments looming, and many cities easing their lockdowns, landlords have been less forgiving. However, many shops won't see
enough revenue to cover their pre-pandemic leases for years, if ever.
article: Why Fashion Brands and Their Retail Landlords Are Suing Each Other
