In this LuxurynsightXFashionNetwork podcast, recorded before the start of the Covid-19 crisis, the CEO of Mark Cross discusses with Godfrey Deeny how to evolve a label founded in 1845 while respecting its heritage.
The heads of the US, British, French and Italian fashion industry federations have assessed the status of the Covid-19 emergency, and set up a meeting in April to decide on the June fashion week calendars.
AMI has become the latest Paris fashion house to contribute to the fight to contain Covid-19., contributing 10% of all online purchases on Amiparis.com to the funding the World Health Organization’s Covid-19 response.
Threads giant Coats Group has said it's taking a major hit from the Covid-19 outbreak as this month has seen brands and manufacturers starting to cancel or defer orders due to large-scale store closures.
Mike Ashley issued a rare apology for his actions in recent days on Friday and said Frasers Group has offered its support to the NHS and is "poised and ready, with our entire fleet of lorries at their disposal".
The company, which is set to borrow $210 million under its senior secured asset-based revolving credit facility, said it will follow the guidance of local governments and health organizations before reopening stores.
Lululemon Athletica Inc. was one retailer with good news on Thursday, as it reported fourth-quarter results that topped expectations, which lead to a 21 percent net revenue increase for full-year fiscal 2019.
Gap Inc on Thursday withdrew its full-year forecast issued two weeks ago, suspended its dividend and said it will draw down on its $500 million credit facility as the retailer looks to weather the coronavirus crisis.