2020 has been an incredibly challenging year on many levels and sadly, Working Wardrobes was not immune.
In January, we very much looked forward to launching our 30th Anniversary celebration. In February, a fire destroyed our building. Millions of dollars’ worth of clothing and accessories, office equipment and supplies, and every file folder and photo were incinerated. In March, the COVID pandemic forced us to lay off a majority of our staff.
Even though we rebuilt like we said we would, we have suffered tremendous losses, missed significant revenue opportunities, and dipped into our financial reserves. In all, we lost $2.1 million which extends far beyond the damages we sustained from the fire.