EssilorLuxottica is suspending its dividend due to the coronavirus pandemic, it said Monday, adding its annual shareholder meeting has been delayed and its Essilor chief executive officer, Laurent Vacherot, has retired.
Monte-Carlo Fashion Week 2020, the 1.618 Biennale and the OpenMyMed Prize 2020-21 are the latest international events to announce their postponement, while the Milan Furniture Fair has cancelled its 2020 edition.
Kering, the world’s second largest luxury conglomerate, has decided to postpone its annual shareholders meeting, the latest major publicly quoted company in fashion to delay its ASM in the wake of coronavirus.
Website LoveTheSales.com has carried out artificial intelligence-based analysis of Intagram and its influencers and said white T-shirt dresses accessorised with hats and handbags are top for generating likes.
Gemfields, the British mining corporation, has revealed that the global health crisis will have a “significant detrimental impact” on its operations, revenues and business during 2020 and possibly beyond.
Malls giant Hammerson said Monday it has received “a variety of requests for rent deferrals, which we are reviewing on a case-by-case basis” across its properties in the UK, Ireland France and other European countries.
Africa-focussed miner Petra Diamonds on Friday suspended its production forecast for fiscal 2020 and said it was in "active talks" for near-term financing, amid worries over the worsening coronavirus crisis.