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During the ongoing COVID-19 pandemic and its resulting impact on the fashion and retail industry, People for the Ethical Treatment of Animals (PETA) has taken the opportunity to acquire a considerable number of shares in major fashion brands.Image Courtesy: wbckfm.comPETA, whose efforts are directed towards protecting and safeguarding animal rights, announced that it has “bought shares in around 20 businesses including French luxury giant Kering, Burberry, Ralph Lauren and Guess.”The aim behind
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Next, the UK-based fashion retailer, has decided to resume its e-commerce website for the customers.Image Courtesy: bournemouthecho.co.ukThe retailer was among the few which temporarily shut their services both online and offline following the Government’s Coronavirus lockdown. The shutdown of stores and its warehouse and distribution centres was over the health concerns of the staff.With new safety measures and one-way systems and new walkway at the warehouse, the retailer has planned to resume
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French fashion house and luxury retail firm Louis Vuitton has repurposed several of its Maison’s ateliers in France to produce non-surgical face masks, the brand recently announced in an Instagram post. It started this initiative in partnership with Mode Grande Quest textile network to donate to the much-needed protective gear to frontline healthcare workers.Pic: LVMH“Thank you to the hundreds of artisans who have volunteered to create these masks, as well as everyone doing their part to fight t
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Levi’s has partnered with Nintendo to create its highly anticipated Super Mario collection, which was originally slated to launch on 1 April. The launch was delayed due to product delays in North and South America.Image Courtesy: fashionunited.inThe collaboration launched a streetwear-inspired collection based on the brand’s style and the adventures of Mario. Super Mario is Nintendo’s 35-year-old popular Japanese video-game franchise.The collection includes T-shirts, hoodies and denim items, fea
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UGG, a US-based lifestyle brand, with parent company Deckers Brands, has announced to launch the Better Together initiative to donate over one million dollars to the Covid-19 pandemic relief efforts, through monetary and product donations. Building on the company's existing philanthropic platform, the Covid-19 response is focused on several initiatives.Pic: UGG"Our hearts are with our friends, colleagues, customers and those on the frontlines during this pandemic. The newly launched Bet
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Global luxury fashion group Capri Holdings Ltd recently announced that its collective brands and their founders are donating over $3 million to support COVID-19 relief efforts. In New York, the Michael Kors brand will donate $1 million to back local relief. In London, Jimmy Choo will donate $500,000 to support UK as well as global relief efforts.Pic: Capri HoldingsCapri Holdings founder Michael Kors and John Idol will make personal contributions of an additional $1 million towards such efforts.T
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The streetwear brand Fear of God has collaborated with luxury menswear label ErmenegildoZegna for Fall/Winter 2020 collection.Image Courtesy: www.gq-magazine.co.ukThe collection retains many features that Zegna is known for including clean cuts and top-of-the-line fabrics. Besides, the collection features many timeless pieces like a beige trench coat made of thick wool and a black blazer with low and wide lapels that are free at the bottom.A leather bomber jacket with huge ‘Zegna’ embossed logo
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Like many other US retailers, now PVH Corp. too has announced a cut in salary. And that’s not all! It is initiating several such steps to cut costs as business is heavily under pressure owing to fast spreading COVID-19.The retailer continues to review and eliminate or reduce all discretionary operating expenses, including a reduced marketing spend and a decrease in capital expenditures to approximately US $ 190 million from US $ 345 million in 2019.The company, which owns brands like Calvin Klei
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Organised by Global Fashion Agenda, a non-profit organisation, and scheduled to take place on 12 and 13 October, Copenhagen Fashion Summit 2020 revealed its new theme. It will be focusing on rebuilding a better new normal post the COVID-19Through the theme,Redesigning Value: How do we define value in fashion post-crisis?,the summit will navigate the current and future realities facing our industry as it weathers the storm of global health and economic crises – the repercussions of which will be
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As the Coronavirus crisis continues to cast shadow over the apparel and fashion industry, Capri Holdings Ltd. is the latest company to furlough retail workers and cut executive salaries.The company will furlough its entire North American retail staff, which is roughly 7,000 workers beginning 11 April. However, furloughed workers will get scheduled benefits.Parent company to high street luxury brands Jimmy Choo, Michael Kors and Versace, its stores in North America and Europe have been closed sin