Did Magaschoni Go Out of Business? Yes, Know the Reasons
If you’re asking yourself, “Did Magaschoni go out of business? Yes, Magaschoni went out of business around 2020. The luxury cashmere brand faced several challenges that led to its closure including changing consumer preferences, economic downturns caused by the COVID-19 pandemic, and supply chain issues. Additionally, the brand struggled with its failure to adapt to…