Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
Pandemic Crushes Garment Industry, the Developing World’s Path Out of Poverty
"When the coronavirus shut stores, hundreds of thousands of workers lost their jobs."
Are You Prepared for Bad Press About One of Your Suppliers?
"Research shows that customers will hold brands accountable."
The Pandemic Deals Mightier Blow to Retail Than Great Recession
"Many companies have taken cost-cutting measures and some have filed for bankruptcy."
Will Sustainability Take a Backseat to Covid-19 Challenges?
"Brands see the tools gained through sustainability work as assets against pandemic supply chain disruptions."
Coronavirus Has Forced a Rethink From the Fashion Industry
"With lockdown forcing a change in consumer spending habits, companies face a new landscape."
Retail Parks Lead the Way as Shoppers Venture Out
"High streets suffered an almost two-thirds drop in footfall, but is showing signs of recovery."
Pricing Through the Pandemic: Getting Ready for Recovery
"Building a new pricing discipline now can create long-term competitive advantages."
Luxury Brands Turn From Hong Kong to Mainland Chinese Consumers Still Eager to Shop
"Despite the economic shock of Covid-19, analysts say China’s demand for luxury goods hasn’t waned much."
Boohoo’s Labour Issues Are a Far Too Common Problem in Fashion
"The allegations against the UK fast-fashion company are distressingly common in fashion."
How to Run a Store in a Pandemic
"It's possible to safely operate brick-and-mortar retail, experts say. But with that comes great responsibility."
The Two ‘Key Dangers’ Facing Almost All Retailers
"Rising Covid-19 cases and partisan bickering in Washington could threaten the outlook for most retailers."
Taking Supplier Collaboration to the Next Level
"Closer relationships between buyers and suppliers could help supply chains become more resilient."
THE NEWS IN BRIEF
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
EssilorLuxottica Starts Buyback to Bolster Stock After Heir Exit
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
US, Canada Still See Sticking Points Before Deadline for 50% Tariffs
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.
Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.