The American fashion group has announced that it is donating its stocks of medical-grade masks to health workers around the world, and revealed that it is investing an initial parcel of $3 million in relief efforts.
Guess is the latest American fashion retailer to announce that it is furloughing a significant part of its store and head office employees, as the Covid-19 crisis forces its stores to stay closed indefinitely.
Luxury, premium and high street brands are all accelerating their online discounts as plunging footfall followed by a lockdown means the UK's SS20 season is turning into a disastrous one, new data shows.
Kingpins24, an online denim event - complete with sustainability and CSR updates, panels, interviews and more - will take place on April 22 through 23, the original dates of the now-cancelled Kingpins Amsterdam show.
Next delivered full-year results on Thursday and presented several 'stress tests' for potential sales falls this year. Saying "people do not buy a new outfit to stay at home," it said the worst case means a £1bn drop.
The fashion retailer announced fourth-quarter earnings of $79.6 million, or $1.18 per diluted share, on Wednesday, beating analysts’ expectations and sending shares in the company up more than 25% in extended trading.
The cancellation marks the the latest change to the Kingpins schedule as a result of the coronavirus, following the trade show's earlier announcement that it would be cancelling its Hong Kong show in May.
Bestseller has responded to a report that implicated its Jack & Jones brand in the use of factories linked to forced labour, saying it has no dealings with one company named and that another uses no forced labour.
The German designer came up with a collection of winter classics for his latest show, which was built around some of his old favourites: men's tailoring, recycled denim, brocade and satin dresses, to name but a few.