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Business
Canada Goose revenue slips to C$26m in lockdown quarter
Canada Goose has reported a revenue decline to C$26.1 million in its first quarter that ended on June 28 compared to C$71.1 million in same period last year.
Luxury
Business
Farfetch losses continue, but locked-down GMV and customer numbers soar
Luxury online platform Farfetch said it saw “strong momentum” in Q2, driven by the acceleration of online adoption, helping it to make “significant” market share gains and connect to record numbers of new customers.
Luxury
Business
UK fashion exports to face continued tariffs in US
Seventeen UK fashion and textile product lines will continue to be hit with an additional 25 per cent tariff in the US.
Fashion
Industry
New Look announces CVA, mulls sale despite new finance deal
Struggling UK fashion retailer New Look has proposed a second major restructuring of its store estate in three years, asking for turnover-based rent deals as part of a package of measures to ensure its survival.
Fashion
Retail
Trade shows
Pure London organiser Hyve launches three virtual forums
Tradeshows giant Hyve is launching three virtual forums next month, Fashion Together (comprising Pure, Pure Origin, Moda and Scoop), Autumn Fair @ Home and Glee Gathering.
Fashion
Trade shows
Momad postpones next show to February 2021
Madrid-based fashion tradeshow Momad has postponed its next edition to February 2021, with Ifema and the organising committee aiming to hold the event in a “strengthened economic environment”.
Fashion
Trade shows
Virtual trade show Pitti Connect online for over three months
Pitti Immagine has unveiled the website hosting all its trade shows until the end of October, featuring exhibitors’ collections and plenty of content and events, like ‘Sustainable Style’, headlined by Y/Project.
Fashion
Trade shows
Pitti praises EU accord, unveils Dolce & Gabbana plans
Pitti, fashion’s most important menswear trade fair, has praised the EU agreement to create a 750-billion-euro coronavirus recovery fund, and revealed more details of its plans to welcome Dolce & Gabbana in September.
Fashion
Industry