UK ‘non-essential’ stores have a specific date for when they’ll be able to reopen, June 15, if they have safety measures in place. The question is, whether consumers will return or are they now anti-fashion?
One day after Alessandro Michele, creative director of Gucci, revealed on Instagram that the brand would in future stage only two shows per year, the designer called for a reformulation of the fashion calendar.
WGSN and Euromonitor have tried to decipher the new consumption modes emerging in the aftermath of the Covid-19 crisis, outlining the profiles of consumers who are both global and local, wary and optimistic.
Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
Amazon.com Inc's India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the country, where customers have been inside for two months in a lockdown to fight the coronavirus outbreak.
Australian discount department store retailer Target could see up to 75 of its stores being closed and many others converted to another of its owner’s banners. Over 1,000 jobs will be affected, owner Wesfarmers said.
The digital-first fashion rental service is reportedly seeking $25 million in its latest funding round, which would see the company valued at approximately $750 million, under a previous valuation of $1 billion.
The Trump Administration's coronavirus relief payment provided a fillip to sales of major retailers in April as millions of Americans used the money to shop, even as the country struggles with record job losses.
The CEO of Canadian e-commerce firm Shopify declared on Thursday the end of “office centricity” and decided to keep company offices closed till 2021, with most employees to work remotely on a permanent basis after that.
Running across Carnaby’s social media channels and website, the digital campaign aims to highlight and promote the wide range of Covid-19 projects being delivered by Carnaby Street stores and restaurants.