Fashion World News

As western brands grapple with the financial implications of efforts to contain the Covid-19 pandemic, workers within the industry’s supply chain face a grim reality of unemployment, hunger and disease. from The Business of Fashion https://ift.tt/2Uy0wJ5

A.P.C.’s Jean Touitou: ‘I’m Ready for a War’

The French designer talks to Tim Blanks about how he’s navigating the crisis are why the coronavirus can’t kill fashion. from The Business of Fashion https://ift.tt/2w4Nolp

Fashion Executives Braced for Pain, But Optimistic Long-Term, Says BoF Survey

Senior industry managers have a nearly unanimously bleak outlook on how the Covid-19 pandemic will affect business performance, but long-term most are optimistic their companies will rebound, according to a survey conducted by The Business of Fashion. from The Business of Fashion https://ift.tt/2UQK0CV

Case Study: The Next Wave of Luxury E-Commerce

Online luxury retail is now 20 years old. But after two decades of innovation, once-groundbreaking multi-brand giants face significant changes in consumer behaviour — and a growing, diverse stable of competitors — just as the coronavirus epidemic turns the world upside down. What happens now? from The Business of Fashion https://ift.tt/2USAQG8

Keeping Track of Fashion's Layoffs

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales. from The Business of Fashion https://ift.tt/3ayKQe1

Migrant Workers in India Face Police Backlash After Defying Covid-19 Lockdown

Hundreds of thousands of migrant labourers, many of whom work in India's now shuttered textile industry, were sprayed with tear gas by police as they attempted to head to their homes in the countryside on foot, following Prime Minister Narendra Modi's 21-day nationwide lockdown. from The Business of Fashion https://ift.tt/39yEmdQ

What Shoppers Are Thinking Right Now

Consumers are feeling denial, anxiety, dread and hope. But even if they aren’t in the buying mood, brands can use this time to build deeper relationships. from The Business of Fashion https://ift.tt/2WUqIiB

Why Branding Matters Now More Than Ever

As the coronavirus crisis deepens, companies are slashing advertising budgets but branding never goes on pause, writes Doug Stephens of Retail Prophet. from The Business of Fashion https://ift.tt/2wQgWmX

Fashion's Supply Chain Disruptions: What You Need to Know

While retailers in western markets have been the visible victims of the current crisis, behind the scenes the nuts and bolts of fashion’s supply chain are facing a bleak future. from The Business of Fashion https://ift.tt/2UtWkKd

A Quick Guide to Financial Support for Small Fashion Businesses

BoF breaks down the emergency loans, grants and other measures designed to support small businesses suffering from the impact of coronavirus in key fashion markets. from The Business of Fashion https://ift.tt/2QXv58U

Zalando Cuts Spending and Investment as Coronavirus Continues

The fashion retailer is also planning to waive its commission fee for all new and existing physical stores that sell their goods on its platform. from The Business of Fashion https://ift.tt/2xCHsjK

Macy's to Furlough Nearly 130,000 Employees

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes. from The Business of Fashion https://ift.tt/2UTIfVM

Ted Baker Names New CEO

The struggling British retailer said Chief Financial Officer Rachel Osborne will assume the role. from The Business of Fashion https://ift.tt/2JnPwaP

Careers Counsel | Best Practices for Work-Related Instant Messaging and Virtual Meetings

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/33XBoyl

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Richemont, Browns and Jing Daily. from The Business of Fashion https://ift.tt/33TWsG6

Fashion PR’s New Reality

As clients cut budgets, the public relations firms that serve them are considering everything from reduced fees, salary cuts and layoffs to pivoting services and joining forces in order to stay afloat. from The Business of Fashion https://ift.tt/3as9Nb3

Gabriela Hearst, BoF 500: ‘It’s the Number One Rule of Survival: Don’t Panic’

During difficult times, go really slow, look for opportunities and don’t panic, says the New York-based designer. from The Business of Fashion https://ift.tt/2UqSi5q

Want to Make Masks for Healthcare Workers? Here’s What You Need to Know

A growing number of apparel makers are attempting to manufacture protective gear in the fight against coronavirus. While the items are easy to sew, the process isn't simple. from The Business of Fashion https://ift.tt/3aoteSd

Chanel to Produce Surgical Masks for France

The Parisian house, which had temporarily closed production sites in France, Italy and Switzerland due to coronavirus, said it would start manufacturing protective gear once prototypes were approved. from The Business of Fashion https://ift.tt/2UpChN6

Will the Pandemic Reset Fashion's Seasonal Schedule?

This week, everyone will be talking about how businesses are thinking about e-commerce disruptions and layoffs, H&M's results and Covid-19's effect on retail schedules. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2yiTQ99

Paris Men’s and Couture Fashion Weeks Cancelled, Milan Men’s Week Postponed

The Covid-19 epidemic is upending fashion weeks around the world. from The Business of Fashion https://ift.tt/2WObwDR

The BoF Podcast: Li Edelkoort on How Covid-19 Is Ushering In ‘the Age of the Amateur’

In this episode of the BoF Podcast, the Dutch trend forecaster and Dean of Hybrid Studies at Parsons School of Design discusses the future of fashion week and delves into the challenges emerging designers will face as they are forced to reinvent themselves. from The Business of Fashion https://ift.tt/2WP0I8u

Should Fashion Skip a Season?

BoF lays out the risks and rewards of not producing the Autumn/Winter 2020 collections. from The Business of Fashion https://ift.tt/2WO7Fqn

#BoFLIVE: How to Navigate Fashion’s Supply Chain During the Coronavirus

A live discussion and audience Q&A on how Covid-19 is impacting fashion’s global supply chain and how companies should react, exclusively for BoF Professional Members. from The Business of Fashion https://ift.tt/2QQppgL

#BoFLIVE: The New Rules for Going DTC

A live discussion and audience Q&A on how direct-to-consumer brands can succeed in today’s crowded DTC landscape, exclusively for BoF Professional Members. from The Business of Fashion https://ift.tt/33P7BYN

The Coronavirus Pandemic Is Hitting Hands-On Beauty Service Workers and Businesses Particularly Hard

Hair salons, nail salons, aesthetic establishments and their employees face a unique set of challenges as these high-touch businesses are shut down indefinitely. from The Business of Fashion https://ift.tt/3bnicga

Next Shutters E-Commerce Indefinitely Due to Coronavirus

The British retailer previously said it could feasibly sustain a hit of more than £1 billion ($1.2 billion), or 25 percent of annual sales. from The Business of Fashion https://ift.tt/2JlevLO

Could Coronavirus Spark a Sustainable Fashion Awakening?

Lockdown teaches us that beyond our basic needs for clean air and water, wholesome food and the company of loved ones, so much of our everyday consumption is excessive and greedy, writes Bandana Tewari. from The Business of Fashion https://ift.tt/2WNqRUY

To Launch Or Not to Launch? For New Direct-to-Consumer Brands, That Is the Big Question.

As the coronavirus pandemic cripples businesses big and small, startups are faced with a dilemma. Does it make sense to launch a new product in a tough environment or wait — and rack up expenses? from The Business of Fashion https://ift.tt/3amtam5

What Fashion Brands Need to Know About the Stimulus Package

The $2 trillion relief bill will provide cash assistance to millions of individual Americans, as well as entrepreneurs whose businesses are paralysed by the ongoing coronavirus pandemic. from The Business of Fashion https://ift.tt/2vR9nMo

Which Retailers Have Been Hit Hardest by the Covid-19 Crash?

Without a reliable revenue stream, retailers with ample cash on hand are better positioned to weather the storm, analysts say. But some categories are faring better than others, like sportswear and heritage luxury. from The Business of Fashion https://ift.tt/3aoLZVz

Andrew Keith, BoF 500: ‘Keep Your Teams and Customers Close’

To manage through the coronavirus crisis, it’s critical to find new ways to stay connected with employees and customers, says the president of Lane Crawford and Joyce. from The Business of Fashion https://ift.tt/2UlZBvj

Discount Retailer Ross Stores Cancels Orders Through June

After closing stores to curb the spread of the coronavirus, many retailers are telling vendors to immediately cancel orders. from The Business of Fashion https://ift.tt/2UAboVE

Armani Pivots to Produce Medical Overalls

A consortium of Italian fashion companies is soon expected to start producing million of protective face masks. from The Business of Fashion https://ift.tt/2JffFbF

Power Moves | Hugo Boss CEO, Under Armour Chief Product Officer To Exit

This week, Hugo Boss CEO Mark Langer announced his departure, while the chief product officer of Under Armour is also due to exit. from The Business of Fashion https://ift.tt/2UwRDOA

UK Retail Results Show Stagnant Sales for February

Even before coronavirus hit, UK retail saw its weakest performance in nearly seven years. from The Business of Fashion https://ift.tt/2JiX1Qd

A Post-Pandemic Guide to WeChat

New customer service and video features are prompting luxury brands like Prada, Dior and Louis Vuitton to fine-tune their strategies for China’s most dominant tech platform. from The Business of Fashion https://ift.tt/2JhVKZK

For Influencers, Affiliate Revenue Is Next to Disappear

Brands like Macy’s, Ulta, Dillard’s and TJ Maxx are pausing their affiliate marketing programs to save money during Covid-19. Influencers, who have seen brand sponsorships disappear overnight, are scrambling. from The Business of Fashion https://ift.tt/2UByifj

Not Just a Label’s Strategy to Support Emerging Designers

Recognising the commercial potential of a global creative class of emerging designers, NJAL positions its community as an international cloud solution for creative needs, and has tailored a membership programme to equip designers with the tools they need today. from The Business of Fashion https://ift.tt/33LcnGI

#BoFLIVE Wrap-Up: Protecting Your Business During Coronavirus

BoF Executive Editor Lauren Sherman speaks with correspondents Chantal Fernandez and Cathaleen Chen about how to plan for the future in such an uncertain time. from The Business of Fashion https://ift.tt/39oh8qJ

The BoF Podcast: Jefferson Hack on Why The World Must Not Be Complacent

The Dazed Media founder speaks to BoF Editor-in-Chief Imran Amed about the role of fashion media companies during a pandemic. from The Business of Fashion https://ift.tt/2QN7t6N

In the Face of a Global Crisis, What Is the Fashion Industry Doing?

From large hospital donations to manufacturing hand sanitiser, fashion’s biggest names are mobilising to curb the spread of Covid-19. from The Business of Fashion https://ift.tt/3dorPNv

Nike's Sales Beat Estimates Despite Coronavirus Disruption

The sportswear company saw digital sales increase by 36 percent in the third quarter, following the outbreak.   from The Business of Fashion https://ift.tt/2QHd0Mk

SMCP Warns of 20% Sales Drop Due to Coronavirus

The Sandro and Maje owner cited store closures and fewer shoppers due to the outbreak as the reason for the decline. from The Business of Fashion https://ift.tt/3dr1QVz

Wellness Brands Hope for an 'Immunity' Boost in the Midst of the Coronavirus Pandemic

Wellness brands are seeing surging demand but risk a backlash or even legal trouble if they tackle Covid-19 head on. The solution: stay-at-home tips and lots of talk about ‘immunity boosting’ products. from The Business of Fashion https://ift.tt/3duwKMX

For Fashion Magazines, It's Crunch Time

Style titles face panicked advertisers, long-lead times and cancelled photo shoots. Can they keep print media relevant in the age of Covid-19? from The Business of Fashion https://ift.tt/2vS8OSI

Television's Power to Launch Fashion Brands Remains Unproven

Netflix’s ‘Next in Fashion’ and Amazon’s ‘Making the Cut’ are more focused on the business of selling clothes than 'Project Runway' ever was. But can their winners become stars? from The Business of Fashion https://ift.tt/2QKhzFx

Lucien Pagès, BoF 500: ‘We Have to Invent the Future’

The economic impact of Covid-19 is going to be huge, but we need to preserve the richness of fashion, says the Paris-based PR guru. from The Business of Fashion https://ift.tt/2WStDIT

The BoF Podcast: Vogue Italia Editor-in-Chief on Lessons Learned in Isolation

In our first edition of #BoFLIVE, Emanuele Farneti speaks with BoF’s Robin Mellery-Pratt about running a publication in the coronavirus-spurred lockdown. from The Business of Fashion https://ift.tt/2WFenPf

Puma Sets Short-Time Work for 1,400 Employees

The sportswear company said staff will work half of their usual hours but will still be paid their full salary. from The Business of Fashion https://ift.tt/3bm4mdR

Unilever to Protect Workers’ Pay for up to 3 Months

The consumer goods giant will also help its 'most vulnerable' suppliers with cash as part of a $543 million relief programme. from The Business of Fashion https://ift.tt/2Ux9K7b

Report: Neiman Marcus in Bankruptcy Talks With Lenders

The luxury retailer is struggling to ease its $4.3 billion debt load, according to a report by Bloomberg. from The Business of Fashion https://ift.tt/33GcVh0

How Fashion's Freelancers Are Adapting to the New Normal

For many of the industry's independent creatives, the coronavirus has put everything on hold. from The Business of Fashion https://ift.tt/39dqWnD

Rental and Resale Were Supposed to Be the Future. Could Coronavirus Change That?

While the whole apparel sector is challenged by the ongoing crisis, fast-growing of rental and resale platforms may be uniquely and disproportionately impacted. from The Business of Fashion https://ift.tt/2JmYJQV

The End of the (Fashion) World as We Know It

If nature is inexorable, a volatile pathogen like coronavirus is its consummate ambassador and the fashion industry must change or die, writes Tim Blanks. from The Business of Fashion https://ift.tt/2WPf0Gf

Hugo Boss CEO Mark Langer to Exit

Langer will leave the German fashion house on September 30 but will continue on as a consultant until the end of the year due to the Covid-19 outbreak. from The Business of Fashion https://ift.tt/39ahzoM

Laura Ashley to Shut Stores and Cut Jobs

The British retailer announced it will be permanently closing 70 stores after filing for administration amid the coronavirus outbreak.   from The Business of Fashion https://ift.tt/2y3UCGX

LVMH Says Will Not Buy Tiffany Shares on Open Market

The move could have allowed the luxury conglomerate to buy the jeweller at a lower price than the one agreed last year. from The Business of Fashion https://ift.tt/2J7NDiz

Report: UK in Talks With Amazon Over Delivering Coronavirus Tests

The Financial Times said businesses with established delivery networks could be used to deliver tests to medical workers. from The Business of Fashion https://ift.tt/2J7vkKd

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Bulgari, Guess and Mytheresa. from The Business of Fashion https://ift.tt/2wtNkvu

Announcing Kirna Zabête, DL1961, Psykhe and Shaku

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/3a8ssbT

Careers Counsel | 4 Tips for Employers to Minimise Hysteria During a Crisis

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/33D6Kdw

H&M to Provide Protective Gear to Hospitals

The fashion retailer has offered to source masks, gowns and gloves for hospitals in the European Union amid shortages. from The Business of Fashion https://ift.tt/33DO0L2

You’re Invited to #BoFLIVE

Everyday this week, BoF will be hosting a series of live digital events to bring our global community together. from The Business of Fashion https://ift.tt/2wl9cJK

Global Stories From a Month That Changed Fashion Forever

Over the last four weeks, the Covid-19 pandemic has shut down fashion’s capitals and triggered a global economic meltdown. BoF documents the early days of the crisis. from The Business of Fashion https://ift.tt/2UcrzcX

What Will Become of Fashion When the Epidemic Is Over?

Italian creators, from Giorgio Armani to Silvia Venturini Fendi, agree on one thing: the crisis is an opportunity to regain our long-lost soul. from The Business of Fashion https://ift.tt/2xmT36n

Inside the Artisanal Teams at Bulgari

As gatekeepers of the brand’s Roman heritage, BoF meets three artisans from Bulgari’s creative hubs to hear how the brand fosters talents’ career paths and infuses learning into their day-to-day. from The Business of Fashion https://ift.tt/2y1Q2sJ

Kering to Provide 3 Million Surgical Masks to France, Gucci Prepping to Make 1.1 Million For Italy

Balenciaga and Yves Saint Laurent are also prepping their French workshops for production. from The Business of Fashion https://ift.tt/2Uv8ilI

Is This Online Shopping's Moment to Shine?

This week, everyone will be talking about the coronavirus pandemic's economic impact, from soaring US unemployment to a potential boost for e-commerce to China's recovery. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2xca57j

LVMH to Supply France With 40 Million Surgical Masks to Tackle Shortage

- March 21, 2020

The luxury conglomerate has sourced surgical and FFP2 masks from a Chinese distributor as the country faces shortages during the coronavirus pandemic. from The Business of Fashion https://ift.tt/3a7SGew

US Apparel Makers to Churn Out Masks for Healthcare Workers

The US healthcare system is in urgent need of personal protective equipment, and the fashion industry is responding. from The Business of Fashion https://ift.tt/3abWrjk

Op-Ed | Why Fashion Must Help Bangladeshi Workers Survive Coronavirus

Bangladesh is strategically critical for global apparel supply chains and it is ultimately in all our interests — from brands and retailers to factories and governments — to work together, collaborate and support each other through this, argues Mostafiz Uddin. from The Business of Fashion https://ift.tt/2xdagiQ

No Company Will Survive Coronavirus Alone

Smart businesses will emerge from this crisis stronger, but only by collaborating with competitors and upholding their responsibilities, not just to shareholders, but to a wider set of stakeholders, including employees, suppliers and society at large. from The Business of Fashion https://ift.tt/2J5pY2c

The BoF Podcast: Carine Roitfeld’s Remarkable Fashion Career

The acclaimed stylist and editor, whose name has become synonymous with French style, talks to Imran Amed about how the industry has changed since her days at French Vogue, working with Karl Lagerfeld, becoming a brand and the importance of staying curious. from The Business of Fashion https://ift.tt/2QzZNVl

At Bulgari, Unifying the Client Experience Through Digital Connectivity

As its product and experiential offering continues to grow, BoF meets directors across Bulgari’s jewellery, watch and CSR units to hear how digital tools and cross-team collaboration is enabling more impactful connections with consumers. from The Business of Fashion https://ift.tt/2woNc0p

Looking After Workers on Fashion’s Front Lines

When it comes to fashion’s low-income retail and supply chain workforce, the industry faces a dilemma: continue business as usual and risk putting employees’ health in jeopardy; shut down operations and leave employees’ economic livelihood under threat. from The Business of Fashion https://ift.tt/3a91BMN

How Direct-to-Consumer Beauty Brands Can Thrive During the Coronavirus Crisis

With major retailers shutting down, emerging and indie beauty brands, many of which rely on their direct e-commerce channels for business, could be poised to win online. from The Business of Fashion https://ift.tt/2QyBeIk

Tiffany & Co. Warns of Results Hit on Coronavirus Fears

The luxury jeweller said it had lost about half of its operating days in mainland China since the coronavirus outbreak. from The Business of Fashion https://ift.tt/391EIcQ

M&S Warns of 'Severe Impact' From Coronavirus

The British retailer, already seeing a substantial decline clothing and homeware sales, will not pay a final dividend for its 2019-20 year and said it was unable to provide meaningful guidance on 2020-2021 earnings. from The Business of Fashion https://ift.tt/2UlFITY

A Guide to Protecting Your Business During Coronavirus

What can business owners do to prepare for the impact? Communicate early and often internally and externally, cut costs, talk to your partners and more best practices to consider. from The Business of Fashion https://ift.tt/3bgazI7

The BoF Podcast: Luca Solca on ‘The Worst Year in the History of Modern Luxury’

BoF’s Imran Amed and the Bernstein analyst discuss what the sector should expect as coronavirus threatens sales and supply chains. from The Business of Fashion https://ift.tt/2QuMpSC

German Retailers Plead for State Aid as Stores Close

Germany’s HDE retail association said store closures would lead to sales losses of around €1.15 billion per day. from The Business of Fashion https://ift.tt/38X2nLy

Power Moves | Lanvin CEO Exits, L Brands Appoints Board Chair

This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale. from The Business of Fashion https://ift.tt/2IYmLBl

Independent American Fashion Businesses Are Faltering. The Government Must Help.

If something is not done, large numbers of independent fashion labels and stores are going to go bankrupt. from The Business of Fashion https://ift.tt/2xNgGoY

Now is the Time for Virtual Showrooms to Shine. Will They?

Trade shows and showrooms in China were quick to trial digital platforms after the coronavirus forced the country into lockdown. Will Shanghai’s wholesale experiment be a viable model for the rest of us? from The Business of Fashion https://ift.tt/2vzmNwz

Amazon Shuts New York Delivery Station After Worker Gets Coronavirus

The move highlights the operational risk the e-commerce giant faces as the outbreak spreads. from The Business of Fashion https://ift.tt/2WqXw2p

Burberry Warns of Dire Sales Slump as Coronavirus Spreads

The British luxury giant had previously flagged a significant hit to sales in China, but the pandemic's spread to Western markets has substantially worsened its outlook. from The Business of Fashion https://ift.tt/2wiCzMs

The Fashion-Tech Companies Getting a Boost As Covid-19 Takes Hold

As businesses pivot to remote working and e-commerce, specialist digital platforms catering to the fashion industry seem set to grow. from The Business of Fashion https://ift.tt/2x7BTd7

Fashion and Beauty Factories Are Shifting to Make Masks, Sanitiser and Other Pandemic Essentials

Manufacturers in Italy, France and beyond — including LVMH and Coty — are pivoting their production lines to create in-demand hydroalcoholic gel and masks. But what are the implications for the workers? from The Business of Fashion https://ift.tt/2Ugvfcg

Why Basics Like Toothpaste and Deodorant Are More Important to the Beauty Industry Than Ever

From razor blades to tampons, companies are raising the bar in essentials, set to become even more important to brands as a global recession sets in, writes Sarah Brown. from The Business of Fashion https://ift.tt/2xQV23k

What China’s Economic Disruption Spells for the Global Fashion Industry

Companies are reeling from the coronavirus’ impact on the Chinese economy, but shockwaves await from markets closer to home. from The Business of Fashion https://ift.tt/2WBB1Z1

French Amazon Workers Protest in Coronavirus Pushback

As retailers across the locked-down country shut their doors, Amazon’s workers are unhappy about potential exposure to the virus. from The Business of Fashion https://ift.tt/2Wo5RUF

As China's Coronavirus Outbreak Eases, a Wary Return to Shops for Consumers

Retail sales for the world's second-largest economy shrank by a fifth in the first two months of 2020 from a year earlier. from The Business of Fashion https://ift.tt/2vwAH2l

Prada Reports 2.7% Rise in Full-Year Sales, Flags Future Hit From Coronavirus

Earnings before interest and taxes declined 5.3 percent to €306.8 million ($336.31 million) last year, as the luxury group took measures to reduce markdowns and scale back its wholesale distribution network. from The Business of Fashion https://ift.tt/2vwNHoP

Tencent Sees WeChat Usage Surge

The Chinese social media giant said the coronavirus outbreak drove 8 billion visits to its social media platform. from The Business of Fashion https://ift.tt/3a54JJC

Inditex Writes Down Inventory, Signals Sales Drop as Coronavirus Hits

The Zara owner took a nearly €300 million impairment on its inventory and said sales fell 24 percent this month. from The Business of Fashion https://ift.tt/2UdUoo8

BoF Is Your Guide During These Tough Times

The public health emergency that has gripped the world is creating untold human suffering and savaging the economy. At BoF, we are rising to the challenge and doubling down on our mission to open, inform and connect the global fashion industry. from The Business of Fashion https://ift.tt/2w7IVyt

As a Global Recession Looms, Quiet Luxury Returns

The 2008 recession led to a resurgence of minimalism. A similar kind of shift is on the rise now, but the industry’s relationship with trends and consumerism has changed. from The Business of Fashion https://ift.tt/2WyjVv5

Retailers, Pressured to Shutter Stores, Face a Moral Dilemma

Consumer backlash against big brands that continue to operate their stores is mounting as efforts to contain the coronavirus pandemic increase. But some critics are asking them to go one step further and halt e-commerce as well. from The Business of Fashion https://ift.tt/2wfdMJj

Amazon to Receive Only Vital Supplies at US, UK Warehouses

The e-commerce giant is freeing up inventory space for goods in high demand as a result of the coronavirus outbreak. from The Business of Fashion https://ift.tt/38YvKx0

Amazon to Hire 100,000 Workers Amid Surging Demand Due to Coronavirus

Like a number of US supermarket chains, the e-commerce giant is turning to people in the restaurant, travel and entertainment businesses who are suddenly looking for work due to business closures. from The Business of Fashion https://ift.tt/3a2d80o

Laura Ashley Files for Administration as Coronavirus Hits

The outbreak had an immediate impact on the already-struggling UK retailer, sending shares down more than 64 percent. from The Business of Fashion https://ift.tt/3d63kV8

How I Lived Through Coronavirus Lockdown in Shanghai

Living in home isolation wasn’t easy but ultimately resulted in the best rest I’ve ever had and some of my most creative thinking in years, says BoF member Cody Allen. from The Business of Fashion https://ift.tt/2x0My9q

Is Fashion Ready for a Multicultural Minefield?

Social media, Chinese nationalism and a culture war in the US have ratcheted up the risk of costly cultural missteps like those made by Dolce & Gabbana, Gucci, Prada and others. Luca Solca examines what fashion brands should — and should not — do. from The Business of Fashion https://ift.tt/2Uh6eh0

The Met Gala Is Postponed

Fashion’s biggest night is the latest event to be pushed in response to the coronavirus pandemic. from The Business of Fashion https://ift.tt/2WjUnBu

Nike's Sales Expected to Drop $3.5 Billion

The sportswear giant’s revenue could fall by a third in the fourth quarter due to store closures, supply chain disruptions and the NBA suspension caused by the coronavirus pandemic. from The Business of Fashion https://ift.tt/2ITEZ7c

Online Fitness Gurus Serve Self-Isolating Exercise Buffs

With a rising number of people forced to stay in, sign-ups for on-demand streaming fitness classes are increasing during the coronavirus crisis. from The Business of Fashion https://ift.tt/3d2VNWW

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Vetements, Guess and Depop. from The Business of Fashion https://ift.tt/2IMFQqd

Careers Counsel | Communicating Through the Coronavirus Crisis

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2TU60gY

H&M Group Reports Dramatic Sales Decline in China as it Closes More Stores in Europe

The fast fashion giant is grappling with a significant business slowdown in China and has temporarily shuttered stores in Italy, France and Spain, as governments act to contain the spread of Covid-19. from The Business of Fashion https://ift.tt/2xzK8i6

Does the Fashion Industry Need to Travel as Much as It Does?

The escalating coronavirus pandemic has further exposed fashion's reliance on fuel, as mandatory travel bans require executives and creatives alike to rethink everything from staging far-flung events to hosting in-person meetings. from The Business of Fashion https://ift.tt/2IQzgio

How to Talk to Customers During the Coronavirus Pandemic

Brands must look for creative, cost-efficient and sensitive ways to communicate during this difficult time. from The Business of Fashion https://ift.tt/2IRttsK

How Divorce Became Big Business for Hard Luxury Brands

Fine jewellery used to be all about the marriage proposal. But now, the likes of Bulgari and De Beers are serving consumers on the other side. from The Business of Fashion https://ift.tt/2IRduLe

At Bulgari, Infusing Global Innovation with Local Heritage

BoF sits down with Bulgari’s Chief Executive Jean-Christophe Babin to hear about how the digitally empowered global brand fosters personal relationship with every client, and equips its workforce with the tools for growth. from The Business of Fashion https://ift.tt/2wVjAI2

LVMH to Manufacture Disinfectant Gel in French Factories to Help Prevent a Hand-Sanitizer Shortage

The luxury group's perfume and makeup facilities will, from Monday, produce hydroalcoholic gel that will then be donated to French health authorities as the country steps up its efforts to combat the spread of Covid-19. from The Business of Fashion https://ift.tt/39UsgwJ

Fashion on Lockdown: What's Closed, What's Canceled

BoF is keeping tabs on the cancellations and closures sweeping across the fashion industry, as brands, retailers and event producers grapple with how to manage the Covid-19 pandemic. from The Business of Fashion https://ift.tt/3aSSa3W

Fashion's New Normal: Quarantines and Empty Stores

This week, Covid-19 is almost certain to dominate discussion and headlines again. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/33jXIBZ

Patagonia Is Closing Its Doors for at Least Two Weeks

The outdoor apparel retailer said offices and stores — and even its website — will be closed in order to protect employees and customers from the coronavirus. Will others follow suit? from The Business of Fashion https://ift.tt/38NnCPY

How to Navigate the Coronavirus Crisis

What does all this social and financial turmoil mean for fashion? BoF is here to guide you through the latest developments, deliver analysis you won't find anywhere else and share the human stories from our community. from The Business of Fashion https://ift.tt/2TNtDrj

The BoF Podcast: Retail Futurist Doug Stephens on How Coronavirus Will Shift Consumer Behaviour

As the pandemic jolts global markets and consumption habits, Imran Amed and Doug Stephens discuss the mindset fashion companies should adopt to stay above water. from The Business of Fashion https://ift.tt/33hIe1w

Try-Before-You-Buy Beauty Retailers Pivot in the Age of Covid-19

As the coronavirus pandemic worsens, the in-store makeovers and testers that brands rely on to win customers are suddenly no-gos. But there are alternatives. from The Business of Fashion https://ift.tt/2W63shk

Gap Sees 2020 Profit Above Estimates

Despite beating market expectations, the American retailer flagged a $100 million sales hit in Asia and Europe from the coronavirus. from The Business of Fashion https://ift.tt/2U6mDVF

Ulta's Fourth-Quarter Sales Beat Estimates

The cosmetics company's net income rose to $222.7 million as shoppers spent more at its stores during the holiday season. from The Business of Fashion https://ift.tt/3aT6JEN

Fashion's Work-From-Home Gameplan

From meeting etiquette to digital design, BoF outlines the steps the fashion industry can take to effectively navigate remote working. from The Business of Fashion https://ift.tt/38HTRjf

Everlane Teases New Climate Goals with Organic Cotton Commitment

The brand is going further than many bigger companies in adopting tough organic certification standards, but has yet to publish other significant environmental targets. from The Business of Fashion https://ift.tt/2vgPHRO

Power Moves | Chanel Names Global Head of Arts and Culture, Givenchy Taps CEO From Dior Americas

This week, Chanel appoints former Serpentine Galleries Chief Yana Peel to a newly created arts and culture post, while Givenchy hires its new CEO from Dior. from The Business of Fashion https://ift.tt/2U1YFL5

Will E-Commerce Save China's Luxury Business?

Luxury brands are pinning their hopes on e-commerce to recoup some of the losses caused by China’s dismal retail environment. But will consumers switch to online in sufficient numbers to make up for the massive coronavirus shortfall? from The Business of Fashion https://ift.tt/39KPq8R

Coronavirus Updates: Trump Bans Travel From Europe, WHO Declares Pandemic

The global coronavirus outbreak is changing how every facet of the fashion industry operates. The BoF team is tracking this fast-moving situation and will regularly post updates here. from The Business of Fashion https://ift.tt/2W77XrK

Why Neiman Marcus Is Getting Rid of Its Off-Price Stores

The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits. from The Business of Fashion https://ift.tt/2xwuy74

Danielle Bernstein Made Macy’s Millions in Just a Day — Will the Magic Last?

The influencer’s new brand for the department store chain did over $2 million in sales in its first day, the retailer told BoF. It’s a good sign for Macy’s, which needs to attract younger customers, and Bernstein, who wants to expand beyond contemporary and into the mass market. from The Business of Fashion https://ift.tt/2IIZbZ2

Female Founders Have Used Their #Girlboss Status As a Brand Builder. Behind the Scenes, It's Complicated.

From Outdoor Voices to Thinx, the gap between a female-run company's brand —and the realities of a start-up business— can become a liability. from The Business of Fashion https://ift.tt/2TJyMRy

Toxic Fan Culture Puts Brands at Risk in China

A controversy linked to homoerotic pop culture is engulfing a Chinese superstar affiliated with several global luxury brands. The rise and fall of Xiao Zhan should be a wake-up call for all brands leveraging celebrities in China. from The Business of Fashion https://ift.tt/3aOMtEl

Coronavirus Updates: Trump Bans Travel From Europe, WHO Declares Pandemic

Why Highsnobiety Is Launching a Print Magazine for the Instagram Generation

The redesigned print publication comes as the media group expands into different platforms to actively engage new-age consumers. from The Business of Fashion https://ift.tt/2w0IFAW

UK Government Scraps Business Rates for Small Companies

The taxes, charged on most commercial properties in the UK, have long burdened brick-and-mortar retailers amid an ailing high street economy and the rise of online competitors. from The Business of Fashion https://ift.tt/3aKeMDH

The Endurance of Issey Miyake

Satoshi Kondo showed a typically flawless blend of craft, clothing and performance. from The Business of Fashion https://ift.tt/39LmDAQ

Missoni's Linear Precision

It’s a testament to the Missoni magic that, after all these decades, its design signature is so adaptable. from The Business of Fashion https://ift.tt/39DhIlz

Adidas and Puma Forecast Sales Decline in China Amid Coronavirus Outbreak

Shares in Adidas and Puma, already pummelled in the last few weeks, declined 6 percent and 4.4 percent respectively.   from The Business of Fashion https://ift.tt/2THG9Zw

Luxury Brands Burn Unsold Goods. What Should They Do Instead?

The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions. from The Business of Fashion https://ift.tt/337dP5W

Coronavirus Is Already Changing How People Shop. Here's How.

Any disruption to regular consumer habits will exacerbate existing challenges in the retail sector, analysts say. from The Business of Fashion https://ift.tt/2TEZb2D

Is the Fashion Industry Moving Too Fast? Virgil Doesn’t Think So.

The Off-White founder is debuting yet another collaboration: an "Office Supplies"-inspired jewellery line with New-York based Jacob & Co. from The Business of Fashion https://ift.tt/39MOtwU

Ferragamo Says It Cannot Forecast Impact of Coronavirus on Results

The news comes after the Italian luxury group posted a 4 percent drop in its 2019 core profit. from The Business of Fashion https://ift.tt/2ICkrzS

Orders Sink for Italy's Luxury Suppliers on Coronavirus Fears

Brands have been forced to shut shops, shelve new openings and postpone advertising spending in the region. from The Business of Fashion https://ift.tt/2xmHY5j

Revlon to Cut 1,000 Jobs in a Bid to Boost Profitability

The cosmetics company reported a drop in sales for the fifth quarter in a row, following a weakened demand for its fragrances and namesake products. from The Business of Fashion https://ift.tt/2wMVEqg

French Connection Reports Full-Year Loss

The British retailer cites difficult trading conditions on UK high streets as the reason behind a 11.4 percent drop in revenue. from The Business of Fashion https://ift.tt/3cLo5VY

Despite Coronavirus Concerns, Italian Owner of Margiela and Diesel Is Standing By Annual Sales Target

OTB — which stands for Only The Brave — says it expects sales to grow 12-13 percent this year, even though the recent lockdown in Italy has caused a slowdown. from The Business of Fashion https://ift.tt/2vLGlOq

Lessons From Footwear's Quiet Revolution

As a growing number of established and start-up brands grapple with what it means to operate responsibly, one New York flip-flop company is testing its own model. from The Business of Fashion https://ift.tt/2xr75UP

How a Young Designer Is Rethinking the Playbook for Emerging Brands

After working with the likes of Kanye West and Hood by Air’s Shayne Oliver, Lourdes’ Andreas Aresti is determined to dodge convention. from The Business of Fashion https://ift.tt/2VXYZ07

Stocks Hit As Oil Prices Slump

Trading on US stock exchanges was halted immediately after opening, as the benchmark S&P 500 fell to its lowest since June 2019. from The Business of Fashion https://ift.tt/38Af2Ux

Amazon to Sell Cashierless Technology to Retailers

The e-commerce platform has reportedly signed several deals selling its Just Walk Out service, as seen in Amazon Go stores. from The Business of Fashion https://ift.tt/2IyuPIM

Armani Donates €1.25 Million to Tackle Coronavirus

The money will go to four hospitals and the national Civil Protection Agency to help fight Italy's outbreak. from The Business of Fashion https://ift.tt/2TBlDda

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Hugo Boss, Massimo Dutti and Amiri. from The Business of Fashion https://ift.tt/39DpPhQ

Careers Counsel | How to Negotiate Your Salary

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/2TWbAym

Announcing Ralph & Russo, Douchebags and Fashionphile

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/2Iwe8O7

Everyone Loves Sweatsuits and Fashion Is Cashing In

Brands high and low are hopping on the Instagrammable trend— but will fast fashion's cheap-and-chic options defeat them all? from The Business of Fashion https://ift.tt/2TAtCXV

For Lingerie Brands, Taking on Victoria's Secret Is Harder Than It Looks

The Sycamore Partners-backed lingerie brand may be losing relevance, but no successor in the highly competitive women's intimates market has emerged. from The Business of Fashion https://ift.tt/2TO3TKv

Coronavirus Quarantine Puts Italy’s Fashion Capital on Lockdown: What We Know

The drastic measures to contain the spread of coronavirus in Northern Italy adds to the economic toll the pandemic is taking on the fashion and luxury industries. from The Business of Fashion https://ift.tt/38DaQmS

Live Event Wrap-Up: How to Market a New Brand

BoF’s Lauren Sherman and Chantal Fernandez sit down with Glow Recipe Founders Sarah Lee and Christine Chang to unpack the marketing strategy behind the K-beauty-inspired start-up. from The Business of Fashion https://ift.tt/2PYe1z6

每日速报 | 山东如意收购案陷入债务困境、Givenchy任命新首席执行官、Olay被税务约谈

“每日速报”为您汇总国内外时装、纺织、商业、零售和科技相关领域资讯，助您即刻掌握每日要闻，拓宽眼界、与时俱进。 from The Business of Fashion https://ift.tt/2TNAr7p

Coronavirus Shuts Down Italy's Fashion Capital

This week, everyone will be talking about the coronavirus epidemic, JW Anderson's expansion plans and Aerie's remarkable growth. Get your BoF Professional Cheat Sheet here. from The Business of Fashion https://ift.tt/2TLbyck

We Need to Rethink Fashion Month Altogether

Uncontrollable forces made the fashion industry shift the way it operates this past month, offering a moment to contemplate some bold changes. from The Business of Fashion https://ift.tt/32YLaQE

The BoF Podcast: A Fashion Month Unlike Any Other

As wildfires swept across Australia and the coronavirus spread across the globe, Imran Amed and Tim Blanks reflect on how the world’s uncertainties have informed the Autumn/Winter 2020 season. from The Business of Fashion https://ift.tt/2wze5P2

Can a Drugstore Fill the UK's Sephora and Ulta Void?

British consumers already shop for beauty products at Boots. But can the retailer become known as a destination for makeup inspiration and skincare discovery? from The Business of Fashion https://ift.tt/32T64Az

Old Navy Boss Named CEO of Gap Inc.

The move comes nearly four months after the surprise exit of longtime Chief Executive Art Peck. from The Business of Fashion https://ift.tt/32Us8L7

For Fine Jewellery, Bigger Stones Are Better

High jewellery brands are increasingly obsessed with headline-making giant stones. But are they good for more than marketing? from The Business of Fashion https://ift.tt/2VQeA1M

Why Are Luxury Brands Advertising on Twitter?

Hermès, Balenciaga and Cartier are among the brands advertising on Twitter. The social media platform is dwarfed by Instagram and YouTube, but it’s increasingly seen as a new way to reach young and wealthy consumers. from The Business of Fashion https://ift.tt/2Q736TZ

Coronavirus Casts a Shadow on Luxury’s Cruise Show Plans

As the likes of Gucci and Versace cancel events, the outbreak is surfacing urgent questions about fashion’s ways of working. from The Business of Fashion https://ift.tt/2InDeP9

Power Moves | Hudson’s Bay Company, Printemps CEOs Depart

This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps. from The Business of Fashion https://ift.tt/2TAlANq

Coronavirus Wipes Four Months of Gains off SLI

The Savigny Luxury Index went into meltdown this month, with no single company posting gains, as the coronavirus edged closer to becoming a global pandemic. from The Business of Fashion https://ift.tt/2TqydvO

American Eagle Beats Sales Estimates

The teen retailer’s total net revenue rose to $1.31 billion in the fourth quarter, in part due to the success of its inclusive intimates line Aerie. from The Business of Fashion https://ift.tt/2Tp518b

Hugo Boss Sees Sales Take a Hit Beyond China

The German retailer said the coronavirus will have a significant impact on first-quarter results. from The Business of Fashion https://ift.tt/38n2qjh

The Battle to Become China’s Glossier

Global brands need to up their game if they want to compete with fast-moving Chinese beauty players building billion-dollar businesses that are fine-tuned for the local market. from The Business of Fashion https://ift.tt/2Tn2Dim

A Surrender to Enjoyment at Miu Miu

The '30s were a resonant chord that Miuccia Prada struck as the curtain began its fall for Autumn/Winter 2020. Any charm offensive is going to need real fangs to cope. from The Business of Fashion https://ift.tt/3ayqt07

At Lutz Huelle, Forever Clothes

Huelle's ongoing dialogue between plain and fancy is simple — and irresistible. from The Business of Fashion https://ift.tt/2uViCux

Louis Vuitton’s Time Machine

Nicolas Ghesquière delivered a clash of styles from far-flung eras, but too much control on the catwalk dampened what was a brilliant intuition. from The Business of Fashion https://ift.tt/39peaDv

Yoox Net-a-Porter Federico Marchetti Steps Down

The Yoox co-founder is stepping down as owner Richemont struggles to make the online retail group, which includes Net-a-Porter and Mr Porter, profitable. from The Business of Fashion https://ift.tt/2VNsC4i

Top 10 Shows of the Season

After a fashion month where designers embraced contradictions, BoF's editors pick the top ten shows of the season. from The Business of Fashion https://ift.tt/2PLZLJG

Inside the Secret World of Vintage Fashion Scouting

In the rapidly growing market for vintage, a secretive group of elite 'pickers' know where to score the best clothes and accessories for celebrities and designers. from The Business of Fashion https://ift.tt/2PPZDbY

Fashion’s New Outlook on 2020

Six takeaways from Paris Fashion Week, where everything from the coronavirus to end-times fashion changed the conversation we'll be having for the rest of the year. from The Business of Fashion https://ift.tt/3audk8t

In the Service of Movement at Stella McCartney

She offered up a collection that filtered illustrator Erté in ways subtle and not so. from The Business of Fashion https://ift.tt/2VJymvN

Quantum Physics, Sacai Style

The collection had a level of obsessive detail that is, in fact, quite unique in fashion because there is something a little unfathomable about it. from The Business of Fashion https://ift.tt/2xcD6Qn

Remodelled Stores Help Abercrombie Holiday Sales Top Expectations

Brighter interiors and larger fitting rooms have helped improve same-store sales by 8 percent. from The Business of Fashion https://ift.tt/3asPWYU

Sacai Will Design Jean Paul Gaultier's Next Couture Collection

The Paris-based fashion house announced Sacai founder Chitose Abe will be the first of many to take on its haute couture collection, following the exit of the brand’s namesake designer.   from The Business of Fashion https://ift.tt/3asN1iS

Amazon Confirms First Coronavirus Case Among US Employees

The e-commerce giant has also said two employees in Milan had been infected with the virus. from The Business of Fashion https://ift.tt/2x9Q9C5

In Paris, the Pleasure of the Apocalypse

It was a strangely energetic season, full of both angst and elation, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/39lwQE9

Hearst Is Still Searching for an Editor for Harper’s Bazaar. Here’s Why.

Print’s challenges might not matter to some who dream of following in the footsteps of Liz Tilberis and Glenda Bailey. But many of today’s editors have other aspirations. from The Business of Fashion https://ift.tt/2VGYFCP

Nordstrom Earnings Fall Below Market Expectations

The Seattle-based retailer missed estimates for fourth-quarter revenue, sending its shares down 9 percent in after-market trading. from The Business of Fashion https://ift.tt/2VJqnyS

Chanel's Abstract Landscape

The most striking thing about this show was how it polarised its audience. The word on a younger generation’s lips was ‘fresh.’ from The Business of Fashion https://ift.tt/2PKvn2u

Kohl's Beats Profit Estimates as Amazon Partnership Pays Off

The department store chain partnered with the e-commerce giant to attract younger shoppers. from The Business of Fashion https://ift.tt/3anddvq

Alibaba's AliExpress Warns of Possible Coronavirus Delays

Alibaba Group warned in February of a drop in revenue as the coronavirus hit supply chains and deliveries. from The Business of Fashion https://ift.tt/38knZks

In Paris, Finding Power in a New Femininity

Designers embraced the polar opposites of traditional womanliness and tailored, menswear-inflected power dressing. from The Business of Fashion https://ift.tt/38lXATq

What Does a Modern PR Agency Look Like?

While print and digital media strategies are still part of the industry’s approach to brand building, firms are beginning to offer non-traditional services and specialities in order to survive the PR evolution. from The Business of Fashion https://ift.tt/38gOjMB

Luxury Fashion Rental Platform Armarium to Cease Operations

The company, launched in 2016, offered high-fashion in partnership with boutiques and stores. from The Business of Fashion https://ift.tt/2PKlTEm

Rebellion and Transformation at McQueen

Sarah Burton's ability to winkle such glorious oddities out of the swamp of the past means her McQueen collections are never less than dream fodder. from The Business of Fashion https://ift.tt/39if04B

Kanye West Gets Back on the Horse

The pieces evolved the body-consciousness that marked his fashion efforts in the past, but there were ways in which West was the same old Kanye. from The Business of Fashion https://ift.tt/2PGENf3

A Creative Journey at Tapestry