Witco (India) PVT Limited, one of the oldest retail brands of Chennai, has hurt its business due to Covid-19 pandemic. “We regret to tell you that we have closed our business. The decision to close this business is not easy, but unfortunately because the Covid-19 and restrictions on international travel are not sustainable for us,” a 70-year-old brand, who sells luggage and bags , said on the note on his official website on Thursday. “We want to thank all our customers and our honorable customers for their patronage for the past 70 years,” he added.
Company Implementing Director V.P. Harris, told Hindu, “We close our operations in January itself. What actually happened was March [2020] when the first lock announced us (family) sat together and evaluated business and we found that international travel would not happen for time which is old. “
He added: “My father set up a business and ran for almost 25 years, and now in the 70th year, my brother and I have run the show since then. The current situation that has never happened before made us another choice.” He was Remember that there is a similar sauce in business during Dotcom Bubble Burst, and he realizes that when booking the airline falls, the sales will decrease.