The crisis at Intu is continuing with a report that its potential administrator, KPMG, is seeking £12 million in emergency funding to help the shopping centre giant continue operating during an insolvency process.
Moncler said on Thursday it had signed an agreement with France's Interparfums to start selling perfumes, as it seeks to diversify its brand and lessen the impact of the coronvirus crisis on the luxury goods sector.
Although many of this year's LGBTQ+ Pride Month marches have been canceled due to the coronavirus, in the worlds of fashion and cosmetics mobilization for the cause has not waned and will be mainly concentrated online.
Hearst Magazines has named Samira Nasr to be the new editor-in-chief of the US edition of Harper’s Bazaar, the group’s single most famous fashion magazine. The first person of color to edit the 153-year-old publication.
GlobalData’s weekly Covid-19 tracker that looks at 11 countries, said many consumers are spending more time on social media and it thinks that’s unlikely to change any time soon, making it a key marketing focus.
Selfridges has been ever more experiential in recent years and as it works hard to attract shoppers back to its stores in a post-coronavirus world, it looks like it's going to become even more so in the immediate future.
Inditex made its first ever net loss in Q1 as the pandemic hit it hard. But the firm has been busy during the lockdowns and its updated strategy will see it emerging as an even stronger omnichannel operation.