Fashion World News

The cosmetics company said it is 'monitoring the situation very closely' and that it will adjust its policy accordingly. from The Business of Fashion https://ift.tt/3jXtP2u

The sportswear company's net revenue fell about 41 percent to $707.6 million in the second quarter, but beat forecasts of $558.5 million. from The Business of Fashion https://ift.tt/3hS4QM8

With no end in sight to the pandemic, beauty labels may need to rethink their distribution strategies. Grocery stores may be the next frontier. from The Business of Fashion https://ift.tt/33bHfBT

The worst quarter in the history of the modern luxury business was also its best ever for digital sales. from The Business of Fashion https://ift.tt/314v7Qz

Burberry's turnaround was always going to be an uphill battle. Now, as the pandemic thwarts the company plans to reinvigorate topline growth this year, Marco Gobbetti is betting that a digital edge with Asia's Millennial and Gen-Z clients will pay off. from The Business of Fashion https://ift.tt/3fczUV3

While employment, spending and production have improved since reopenings picked up in May and massive federal stimulus reached Americans, a recent surge in infections has tempered the recovery. from The Business of Fashion https://ift.tt/3ggydqW

The group posted a net profit of 2.14 billion euros for the January to June period, down from 2.47 billion euros a year earlier. from The Business of Fashion https://ift.tt/33ch1zq