Most European countries and the United States have been in lockdown since mid-March due to the Covid 19 pandemic, and brick and mortar stores have been closed accordingly. Although online retail continues, it is proving difficult due to falling consumer spending, transport issues and disruptions of […]

At the start of 2020 the fashion industry was full of promise with a new season on its way. Luxury brands had photographed their SS20 campaigns in the last half of 2019 and long planned their marketing calendar and activations throughout spring and summer. Then came Covid-19. As buying and sentiment […]

With the world reeling in shock from the effects of the coronavirus pandemic, one would think that sustainability has taken a backseat but on the contrary, more than ever, the fashion industry is determined to make every effort count. Particularly heartening is to see that fashion brands are reaching […]

French fashion house Louis Vuitton has confirmed that it is repurposing its workshops across France to produce hundreds of thousands of non-surgical protective masks to aid in the “battle against Covid-19”. The initiative will see 300 Louis Vuitton artisans from workshops in Marsaz, Saint-Donat, Saint-Pourcain, […]

Animal rights group PETA has taken advantage of the COVID-19 stock market downturn through purchasing stock in nearly two dozen fashion companies, including Ralph Lauren, Urban Outfitters and Guess. This move is a strategy the organization often takes to influence decisions made by clothing companies. […]

A new report by The Business of Fashion and McKinsey & Company has detailed the effects of COVID-19 on the global fashion industry, and the results are not pretty. The fashion industry is in crisis, and millions of jobs are at stake, along with the potential for many companies to go bankrupt. The global […]

Even off-price retail chains, which have long been a sweet spot for retail even in the midst of a recession, are feeling the impact of COVID-19. TJX, the parent company of TJ Maxx and Marshalls, will be furloughing employees and cutting executive pay by 20 to 30 percent until further notice. Beginning […]

H&M Hennes & Mauritz AB has signed a new 12 months 980 million euros revolving credit facility with a six months extension option in order to further strengthen its liquidity buffer and financial flexibility in response to the Covid-19 situation. The company said in a statement: “The H&M […]

ASOS has seen sales of clothing and accessories drop 20-25 percent over the last three weeks and is taking precautionary measures as the coronavirus pandemic disrupts its financial outlook. Nigel Frith, a senior market analyst at asktraders.com told FashionUnited: “The online retailer is in a better […]

Amazon.com decided to donate 8200 laptops, worth more than 2 million US dollars, to elementary students in Seattle Public Schools (SPS) to help towards the continuous learning plan during the coronavirus (COVID-19) pandemic. SPS is the largest K-12 school system in Washington State to ensure that each […]

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