New York, United States – Women’s contemporary brand made it through the 9/11 terrorist attacks and the 2008 financial crisis without laying off a single employee.
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Per Götteson SS20 Prototype via Instagram (@kaffymcgee) In the wake of the coronavirus pandemic, we’ve all been forced to turn to the virtual world. Fed up of Instagram Live feeds, home workout videos and Houseparty? Tough! Temporary as our quarantine may be, its impact on our lives will last far beyond these next few weeks.
Independent Jewellers Are Banding Together To Support Charities And Their Community During The Covid-19 Crisis
It is not only luxury giants like LVMH, Kering and Richemont who are donating both funds and resources to fighting the Covid-19 pandemic. Independent jewellers the world over are uniting to offer aid to charities supporting coronavirus victims, as well as those within their own community whose businesses will struggle to survive in the face of the ensuing economic fallout.
Will the coronavirus pandemic, which has forced a rethink of so many industry habits, ultimately spawn an era of slower fashion with fewer seasonal collections, deliveries suited to the weather – and fewer markdowns? Plenty of designers and fashion executives would certainly cheer those changes.
The new coronavirus pandemic is deepening a national digital divide, amplifying gains for businesses that cater to customers online, while businesses reliant on more traditional models fight for survival. The process is accelerating shifts already underway in parts of the U.S. economy in ways that could last long after the health crisis has passed, some analysts say.
By Sarah Kent April 1, 2020 05:20 LONDON, United Kingdom – The rapid spread of coronavirus over the last month has hit the fashion industry like a gut punch, disrupting both supply and demand, and bringing retail sales to a grinding halt across large swathes of the global market.