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.
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.
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.
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.
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.
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.
L Brands has announced the appointment of Sarah Nash as Chair of the board. Nash will replace Lex Wesner.
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.
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.
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.
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.
Gucci hosted its first experiential consumer pop-up on Melrose Avenue in LA last week, according to a report published by Haute Living.
Lululemon Athletica has achieved 100 percent gender pay equity across its 20,000 employees, according to its recently released gender equity pay numbers.
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.
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.
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.
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.
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.
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...
Chanel has livestreamed its Fall/Winter 2020 collection from Paris Fashion Week, according to a report by Forbes.
Zalando is set to double its premium and luxury ranges by 2023 as it looks to bolster slowing sales, according to a report by Reuters.
Shanghai Fashion Week has found a loophole to show its AW20 shows, which were cancelled due to the coronavirus, having teamed up with Alibaba to stream the event online, according to a report by WWD.com.
Procter & Gamble-owned skin care brand Olay has pledged to cease the practice of skin retouching in its advertising campaigns by the end of year.
Sephora has unveiled a new campaign masterminded by its advertising agency BETC. The Unlimited Power of Beauty, as the campaign is known, is described as the LVMH-owned retailer’s own ‘vision of beauty’.
Bath & Body Works to become standalone company as L Brands sells majority stake in Victoria’s Secret
L Brands has announced that it has sold a 55 percent stake in Victoria’s Secret Lingerie, Victoria’s Secret Beauty and Pink to Sycamore Partners. The deal gives the brand a total enterprise value of US$1.1 billion.