QVC remains on-air in North America despite country-wide shut down
TV shopping channel QVC has remained on air during the coronavirus outbreak, transmitting from its Philadelphia-based studios as the commonwealth announced “electronic shopping and mail-order houses” were permitted to continue broadcasting.
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Now Chanel moves to mask production
Masks and scrubs are taking on a whole new meaning across the beauty and fashion industry. Chanel has become the latest luxury firm to announce that it is to produce surgical masks and gowns at its workshops.
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LVMH Chairman Bernard Arnault gains back $11bn following stock surge
LVMH Chairman Bernard Arnault has earned back $11bn as stocks surged following news of the huge U.S. stimulus package – the biggest trading-driven gain witnessed in the history of the Bloomberg Billionaires Index, according to Bloomberg.
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Kim Kardashian West announces temporary closure of KKW Beauty fulfilment centre during coronavirus pandemic
Kim Kardashian West has announced the temporary closure of the KKW Beauty fulfilment centre during the coronavirus pandemic.
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LVMH: We won’t buy Tiffany shares on open market
LVMH has confirmed it won’t buy Tiffany shares on the open market and will instead honour the terms of its takeover agreement implemented last year.
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Saint Laurent, Balenciaga adapt production to create face masks in wake of shortages
Kering-owned brands Saint Laurent and Balenciaga are set to adapt their production facilities to create face masks in a bid to alleviate the shortage within France following the coronavirus outbreak, according to Reuters.
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Hennes & Mauritz shutters stores and sheds staff as coronavirus closures bite
Hennes & Mauritz has closed thousands of stores around the world and has warned that its headcount will be reduced drastically as a result, according to a report published by Bloomberg.
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Could coronavirus closures foretell the end of fast fashion? John Lewis, Arcadia and Primark close stores
Several UK retailers have closed their stores to shoppers this week, with far-reaching implications for suppliers and landlords – and possibly entire industries – according to a report published by The Times.
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Zara owner Inditex to donate masks to Spanish government in fight against coronavirus
Inditex fashion group has announced it will make its factories and production facilities available to the Spanish government to create and donate masks needed for patients and medical workers fighting the COVID-19 pandemic.
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Hermes closes production sites in France
Luxury French bag maker Hermes has announced the closure of nearly all production sites in France until 30th March, measures put into place due to the countrywide-lockdown in the wake of the COVID-19 outbreak, according to a report by AFP.
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Tokyo Fashion Week to be live streamed online following event cancellation
Tokyo Fashion Week has announced it is to live stream the event on its website, with Fall collections being showcased over the course of a two-week period.
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L Brands appoints Sarah Nash as Board Chair
L Brands has announced the appointment of Sarah Nash as Chair of the board. Nash will replace Lex Wesner.
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Fashion brands to face crackdown as EU drafts in new regulations to enforce a greener textiles industry
The European Union has announced ambitious plans in a bid to clean up textiles production, with many fashion manufacturers and importers set to face tougher rules in the crackdown, according to a report by BusinessWorld.
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Adidas Chinese sales hit by coronavirus; reports $1 billion revenue loss
Adidas has reported a revenue loss in China of between €800 million ($908 million) and €1billion ($1.1 billion) in the first quarter of 2020 – a fall attributed to the repercussions of the coronavirus outbreak.
CLICK HEREBillie Eilish uses world tour to promote body positive message
Singer Billie Eilish has used the first date of her Where Do We Go? tour to continue her advocacy for body positivity and drive home a message about acceptance.
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Coronavirus puts Cambodian textile market at risk
Up to 200 Cambodian textiles factories could close at the end of the month due to a lack of fabric, with its main Chinese suppliers remaining shut following the outbreak of the coronavirus.
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Gucci Beauty opens LA pop-up to promote new mascara
Gucci hosted its first experiential consumer pop-up on Melrose Avenue in LA last week, according to a report published by Haute Living.
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Lululemon Athletica achieves gender pay equity for third year running
Lululemon Athletica has achieved 100 percent gender pay equity across its 20,000 employees, according to its recently released gender equity pay numbers.
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Stella McCartney reports £11m pre-tax loss for 2018
Stella McCartney has reported an £11m pre-tax loss for 2018, a fall attributed to a 67 percent rise in administration expenses from £29m in 2017 to £49m.
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Givenchy appoints Dior Americas head as new President and CEO
LVMH-owned Givenchy has announced the appointment of Renaud de Lesquen as its new President and Chief Executive Officer, effective 1st April, according to a report by WWD.com.
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Estée Lauder teams up with Kith for International Women’s Day collection
Estée Lauder has teamed up with streetwear brand Kith for a second time, with the launch of its new limited-edition collection created for International Women’s Day on 8th March.
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YOOX Net-a-Porter begins search for Marchetti successor
Yoox Net-a-Porter CEO Federico Marchetti has announced he will be stepping down from the role, with the early stages of a plan in place to find his successor.
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Ted Baker to sell London headquarters to British Airways’ pension?
Fashion business Ted Baker is rumoured to be in talks to sell a stake in its headquarters, the Ugly Brown building, located in North London, to British Airways’ pension scheme.
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The Mask: how the coronavirus has fostered a new fashion trend
With news of the coronvirus’ impact on the economy, travel and, of course, health, it’s hard to imagine the deadly virus having fostered the start of a new fashion trend – but, that it seemingly has. As we speak, the fashion industry, like many others, is taking...
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Chanel livestreams Fall/Winter 2020 fashion show from Paris
Chanel has livestreamed its Fall/Winter 2020 collection from Paris Fashion Week, according to a report by Forbes.
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