Coronavirus

News & Analysis

UK Retail Sales Drop 18% in May

5 June 2020 • By Reuters

5 June 2020 • By Reuters

As lockdown hits, retail suffers the second-worst result on record after April’s 29.6 percent decline.

News & Analysis

UK Retail Sales Drop 18% in May

As lockdown hits, retail suffers the second-worst result on record after April’s 29.6 percent decline.

BoF Professional Exclusive

Now’s the Time for Brand Founders to Speak Up. Here’s How.

5 June 2020 • By Alexandra Mondalek

BoF Professional Exclusive

Now’s the Time for Brand Founders to Speak Up. Here’s How.

Between the coronavirus pandemic and the reignited Black Lives Matter movement, it’s more important than ever for founders to humanise their brands and highlight their values.

News & Analysis

Gap's Quarterly Sales Down 43% on Coronavirus Hit

4 June 2020 • By Reuters

4 June 2020 • By Reuters

Net loss came in at $932 million, or $2.51 per share, for the three months ending May 2.

News & Analysis

Gap's Quarterly Sales Down 43% on Coronavirus Hit

Net loss came in at $932 million, or $2.51 per share, for the three months ending May 2.

News & Analysis

Amazon Employee Sues After a Family Member’s Covid-19 Death

4 June 2020 • By Reuters

4 June 2020 • By Reuters

The lawsuit called Amazon’s fulfilment centre a 'place of danger.'

News & Analysis

Amazon Employee Sues After a Family Member’s Covid-19 Death

The lawsuit called Amazon’s fulfilment centre a 'place of danger.'

News & Analysis

Canada Goose Expects Little Revenue in Current Quarter

3 June 2020 • By Reuters

3 June 2020 • By Reuters

Sales fell nearly 10 percent to C$140.9 million in the fourth quarter ended March 29.

News & Analysis

Canada Goose Expects Little Revenue in Current Quarter

Sales fell nearly 10 percent to C$140.9 million in the fourth quarter ended March 29.

BoF Professional Exclusive

The Future of 'Made in Italy'

3 June 2020 • By M.C. Nanda

BoF Professional Exclusive

The Future of 'Made in Italy'

The pandemic could permanently change how the country's fashion industry operates, for better or for worse.

News & Analysis

Stitch Fix to Lay Off About 1,400 Employees in California

2 June 2020 • By Reuters

2 June 2020 • By Reuters

The online retailer known for its personal shopping services will cut stylists and rehire them in lower-cost states, according to a report from the Wall Street Journal.

News & Analysis

Stitch Fix to Lay Off About 1,400 Employees in California

The online retailer known for its personal shopping services will cut stylists and rehire them in lower-cost states, according to a report from the Wall Street Journal.

News & Analysis

Fashion Magazines Hit as Luxury Ad Spend Dwindles

1 June 2020 • By Bloomberg

1 June 2020 • By Bloomberg

Global fashion houses are slashing their marketing budgets by 30 to 80 percent to weather the economic fallout of the pandemic.

News & Analysis

Fashion Magazines Hit as Luxury Ad Spend Dwindles

Global fashion houses are slashing their marketing budgets by 30 to 80 percent to weather the economic fallout of the pandemic.

BoF Professional Exclusive

How to Prepare Your Business for a Post-Pandemic World

1 June 2020 • By Cathaleen Chen

BoF Professional Exclusive

How to Prepare Your Business for a Post-Pandemic World

BoF outlines the steps that retailers and labels need to take as they survive the first shockwave of the pandemic and now must grapple with prolonged economic downturn.

BoF Professional Exclusive

What a Chinese Student Exodus Would Mean for Fashion

1 June 2020 • By Zoe Suen

BoF Professional Exclusive

What a Chinese Student Exodus Would Mean for Fashion

Travel restrictions, health concerns and anti-Chinese sentiment are disrupting students' plans, with ramifications for fashion schools, luxury brands and the industry at large.